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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (123073)	4/5/2001 1:42:30 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 164684

You are, of course, using the official message board definition of "the smart money", that is, "the money that agrees with me." << The smart money bought and is buying PALM. >>

To: Crystal ball who wrote (123073)	4/5/2001 10:21:02 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<so when 130 million share sold during the sell off last week that was pretty much the whole panic stricken herd sold right into the hands of the institutions like mutual funds that are now holding much of those share, >> crystal, stock mutual funds got hit with net redemptions in Feb, the first month in 2.5 yrs that they had net redemptions. And more net redemptions in March, as well. So are you saying that to meet these outfolws, all the funds sold lots of stocks, except PALM, despite the PALM warning?? This makes no sense. YOu seem to think that retail investors are more jittery than the institutions when in fact the opposite is true. Do you realise the average turnover of holdings each yr for stock funds is around 180% ?? Individual investors like you are much more likely to hold a down postiion to the bitter end, but the institutions are far less patient and forgiving. It's obvious that institutions have been heavy sellers of PALM. Victor