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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: BRANDYBGOOD who wrote (97054)	5/10/2000 5:49:00 PM
From: Lane Hall-Witt	Read Replies (2) \| Respond to of 120523

Goodness, in this market environment even I feel sorry for the institutional players. There's a huge difference between being an individual trader with a five-, six-, or seven-figure portfolio -- trading 100 to 5,000 shares at a time -- and an institutional trader managing hundreds of millions or billions of dollars. The market simply isn't liquid enough to let them trade in and out of stocks as aggressively as we can. The market doesn't have enough liquidity to move that kind of money even under the best circumstances, to say nothing of the locked market we're suffering through right now. Another factor is doubtless tax liability; fund managers often try to avoid sticking their clients with large capital-gains obligations come April 15. It must be frustrating to manage large amounts of money, because you really couldn't "play the tape" very well even if you wanted to.