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Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (3642)	4/27/2000 1:01:00 AM
From: gypsees	Respond to of 5853

Probably true but I use resources such as the ones you listed to "FIND" decent companies. It helps to weed out a lot of garbage. I think if you don't have time to do the research and try to verify what these reports or posters on the threads say as best you can, then you shouldn't be managing your own money. That's what full service brokers and mutual funds are for. It's real dollars going from my pocket and I want to be sure to minimize the risk as much as possible. Not that I haven't made bad calls...but at least I made them :o) Also, I understand the propensity to believe something just because it's in print. More so now than ever printed stuff isn't always true. Sometimes certain things are simply left out. That's why I try to make myself verify information as much as possible. An example (from memory only) is a post I read on a thread here a while back pumping a certain stock saying the float was miniscule and something like 80% of it was shorted. They were really hyping a squeeze. When I did a quick check, the float was waaaay off and only something like 30% was actually shorted. If I had bought it without checking the validity of the post, I'd probably lost money. All this FWIW and my opinion only. As I said, I'm still learning this stuff and am stingy with my loot :o)