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.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (24564)	10/24/1999 11:51:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 27012

Hi Sonny, Nice little article here. We were talking about this a little while ago. Greenspan and others blaming individual investors for the woes of the market/economy. I don't buy it and the stats in the article would seem to bear it out. One must also consider that the median number of trades would be even less than the mean provided. Americans Bank on Stocks Nearly 50% of Households Put Faith in Market By Sandra Sugawara Washington Post Staff Writer Friday, October 22, 1999; Page E01 Only 1 of 10 stock market investors conducted more than 12 transactions in 1998. In contrast, 55 percent did not conduct any stock trades last year. And Internet stock trading, although much talked about, is still in its "infancy," according to the study. Only 11 percent of investors executed trades over the Internet last year. The Scope of Investing Nearly half of all U.S. households invest in the stock market: In stock market: 48.2% Not in stock market: 51.8% Of those who invest in the market, here is the share who own: Only stock mutual funds: 47% Both individual stocks and stock mutual funds: 38% Only individual stocks: 15% search.washingtonpost.com Now the chairman has access to more data than any of us. So when he talks about exuberance and asset bubbles and points an eye towards the individual and one looks at the facts, something is just not adding up. On CPQ, once again it is at or less than $20/share. When they initially said they were doing the Digital deal I called for them to hit this level. However, I think there is more money to be made elsewhere. CPQ may make a nice trading vehicle, but its glory days are behind it. Regards,