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To: Trieu who wrote (25461)11/19/1997 7:43:00 AM
From: Nikita  Respond to of 50808
 
Some of your points are well taken but you DON'T have to know
every detail of an industry to make money in their stock.
Do you really think all successful investors (including mutual
fund and pension fund mgrs.) know everything about every
industry they buy into. Come on. They know valuations,
stock movements (charting), margins, competition, etc.