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Pastimes : The Death of Silicon Investor -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (788)9/21/2002 1:38:38 PM
From: Toby Zidle  Read Replies (1) | Respond to of 1003
 
"GPM with 89,000 posts or more has to have a high read rate."

You made me look up GPM at least. Though I am long a gold stock or two, I've never had much interest in the gold vs dollar, gold vs stock market, gold vs destroyed world economy types of discussions.

I suppose you'd be a member of LeMetropoleCafe.com and get emails like:
Date: Sat, 21 Sep 2002 11:12:36 -0500
From: LePatron@LeMetropoleCafe.com
Subject: MIDAS - The JPM Derivative Dog Won't Hunt Anymore

Frankly, I don't get much out of those either. (They don't appeal to my TA view of the stock market.)

You note GPM has 89,000 posts.
Among my SubjectMarks, I find INTC with 171,000 posts and QCOM with 124,000 posts.

Yet the Yahoo thread on INTC has 354,000 posts and QCOM has 481,000 posts.

There used to be a time when I posted primarily on SI and only secondarily on Yahoo. I considered (and still do) the typical SI poster to be well-informed and constructive, while the typical Yahoo poster is a hyper, basher, flamer, or spammer. Now I post mostly on Yahoo and occasionally on SI.

The activity on stocks I own (now under-weighted in technology) is on Yahoo.

Consider a gold stock, HGMCY: 15,411 postings on Yahoo, 1017 in September. On SI, 266 postings, 3 in September.

A biotech stock, CPTS: 3034 Yahoo posts, 34 in September. On SI, 38 posts, none since June.

Even a tech stock (though I no longer own it), EMC: on Yahoo, 210,586 posts, 3590 in September. On SI, 14,530 posts, 92 in September.

Though the lack of statistical data ('subscriber' numbers, posting rates, etc.) is a definite drawback to SI, the factor that will lead to SI's death [more likely, extreme atrophy], is that it is no longer "the place" to post messages for the stocks that people now own in a 'bear market' portfolio.