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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Hull who wrote (23914)8/28/1999 12:46:00 PM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
Greg,

Your post highlights the emotional aspects of decisions - in this case ot buy or sell stock - in uncertain conditions. I do not think it is any more valid to use "hostility" as an appropriate metric than being a "rabid believer" in the stock. The rhetoric exchanged between shorts and longs is just window dressing for their respective positions.

The real question is how many of these stocks and companies fail? I am talking about small cap speculative companies like Ancor - on the NASDAQ or BB listed. I have not been able to find these statistics. My guess is that if you did find the actual statistics - Mr. Greenberg's "hostile-o-meter" indicator would be no better than the baseline failure rate of the companies he is pointing out concerns about.

Beyond that statistic, the technology, the financial picture, tactics being used by institions, and discussion of real news - arguing between longs and shorts and the tactic of excessive posts by shorts during periods of perceived stock weakness is a complete waste of disk space.

All of the Ancor SI and Yahoo threads could be condensed down to several hundred relevant posts - instead of nearly 40,000.

George D.