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 Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Barry Grossman who wrote (102764)	4/21/2000 12:53:00 AM
From: rudedog	Read Replies (1) \| Respond to of 186894

Barry - re: Who's going to be the loser when those Hitachi Itanium 32-way systems go on sale? Sun? IBM? The loser will be Hitachi...

To: Barry Grossman who wrote (102764)	4/21/2000 11:57:00 AM
From: Tony Viola	Read Replies (3) \| Respond to of 186894

Barry, Borrowed this post from Dipy, one of the top contributors to the LSI thread. Check out this quote from a Newsweek article: Message 13464006 Interesting info about growth stocks and their subsequent performance after they have become the "darlings" of the crowd. The latest "Newsweek" (the one that has the recent stock-market plunge as the cover story) has an article that mentions a study that looked at the 34 hottest growth stocks at the start of 1980 and what happened to them in the next 20 years. Of the 34 stocks, 22 were acquired, merged, or went out of business. Of the remaining 12, only one outperformed the market over the next 20 years -- Intel. The other 11 underperformed the market. So, those are odds of 1 in 34. Not good, to put it mildly! And don't forget this -- the next 20 years saw the greatest bull-market of all time, and yet, what we see is a truly pathetic performance from what were once the hottest stocks. So, even if you believe that this bull-market will keep going and going and going, you still have almost no hope of outperforming or even matching the market if you follow the trend and invest in the hot "darlings" of today. I will email the author and try to get the names of the 34 companies. That should be interesting. Tony

To: Barry Grossman who wrote (102764)	4/22/2000 10:24:00 AM
From: greenspirit	Read Replies (2) \| Respond to of 186894

Barry, a friend emailed me this funny lyric. Enjoy! :-) "Humble Pie." Sing it to Don McLean's (or Madonna's) "American Pie." A long, long week ago I can still remember how the market used to make me smile What I'd do when I had the chance Is get myself a cash advance And add another tech stock to the pile. But Alan Greenspan made me shiver With every speech that he delivered Bad news on the rate front Still I'd take one more punt I can't remember if I cried When I heard about the CPI I lost my fortune and my pride The day the NASDAQ died So bye-bye to my piece of the pie Now I'm gettin' calls for margin 'Cause my cash account's dry It's just two weeks from a new all-time high And now we're right back where we were in July We're right back where we were in July Did you buy stocks you never heard of? QCOM at 150 or above? 'Cos George Gilder told you so Now do you believe in Home Depot? Can Wal-Mart save your portfolio? And can you teach me what's a P/E ratio? Well, I know that you were leveraged too So you can't just take a long-term view Your broker shut you down No more margin could be found I never worried on the whole way up Buying dot coms from the back of a pickup truck But Friday I ran out of luck It was the day the NAAAASDAQ died