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To: Ed Forrest who wrote (23178)6/19/1999 10:17:00 AM
From: David E. Taylor  Read Replies (3) | Respond to of 41369
 
Ed:

Yes, I'm listening. As I said in my PM, I'm going to take a crack at outlining possible ways to organize AAG's (or whatever they might be called, that was the first thing that came to mind), and the problems inherent in getting large numbers of individuals to actually pull/push in the same direction.

If you look at the institutional ownership of the large cap tech stocks, it's rarely more than 50%, and those institutions are not (collectively) swinging more than 10-15% of their holdings.

So there's no question in my mind that we individual investors collectively have the same kind of market moving power. There's also no question that we have the means, through the internet and discussion threads like SI and Yahoo, to put that market moving power into action. How to harness and direct it is the big question.

David T.