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To: Bob Larsen who wrote (877)7/23/1999 1:52:00 AM
From: Toby Zidle  Read Replies (3) | Respond to of 947
 
<<I think all they're saying is that they hope to build up their 'stock forums' by linking to the 'same' forums for each subject through arrangements with 'hundreds of financial websites'.>>

If the Cosmoz strategy is to build a forum page with hundreds of links, someone hasn't studied investor needs. Such a link page is almost worthless. I'm not about to waste my time clicking links to message boards I don't know, having no idea in advance whether they even cover my stock. Consider Cosmoz, itself. On how many of the 'hundreds of financial websites' will you find a decent CMOZ discussion? That's like going on a safari blindfolded looking for that prize hunting trophy. It's not going to work.

A few nights back, I decided to look into a couple of new (to me) boards to check for messages relating to an Earthlink merger rumor. The first board I looked at had two Earthlink messages, one in November '98, the other in April '99. Most of the 'hundreds' of message boards out there simply don't build the traffic to make their boards of any value. The second message board was a subject-thread chronological board. No folders, no search keys, no alphabetizing by symbols. If I have to scan hundreds of thread headings before hitting the first one I need, it's an exercise in futility.

There's are two reasons why in all of cyberspace there are only 4 to 6 stock message boards that are worthwhile. They are structure and critical message mass. 99.8% of boards fail. They are insufficiently known and don't have the depth of technical support to fulfill the mission. Simple, isn't it?

While we're on the subject, there are only 6 (at most) message boards worth following. The rest might just as well be ignored.
My list of key message boards is:
1. Silicon Investor
2. Yahoo
3. Raging Bull
4. Motley Fool
5. ClearStation
6. ???

Any other nominations?

If you're right, Bob, that what MBmagic intends to do is to assemble a links page, then I am tremendously disappointed in them.