Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Pete Mason who wrote (3965)	9/23/1999 11:07:00 PM
From: J.Y. Wang	Respond to of 10293

It is self-interest. But real companies like MSFT don't need to pump their stocks. Every quarter, MSFT beats estimates and then releases pessimistic statements about future quarters. Anyone who took those statements at face value would have sold MSFT a while back. Real companies like MSFT know that if they take care of business, the stock price takes care of itself. POS companies have to continuously pump their stock because their only business is their stock. If they get a new toilet bowl installed at their offices, they issue a press release touting how it will increase their revenues, profits, etc. TMRT comes to mind. They also issue BS press releases way over-estimating the size of their potential market and/or their predict market penetration (CUST being a great example of the latter). The sad truth is that the market is so dumbed down right now that people buy these BS press releases.