SI
SI
discoversearch

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sig who wrote (23177)11/25/1997 3:08:00 PM
From: Rosemary  Read Replies (2) | Respond to of 176387
 
Sig,

I missed you at our party last night. I was looking for that list of music you once posted here. It was a whole list of titles, I was going to download all the songs, like Dell is in the air, la la la.

Then there was Celebration time, come buy! And have a good time!

Did you hear about the mob trying to manipulate a stock? I guess they didn't learn anything from 1929. That's what the brokerage firms were doing back then. No one can learn from the past, if they don't read about it. Yamaichi did the exact same thing that some banks did back then too. Play that market with everyone else's money. OOPS, it can go down too??? It's amazing isn't it.



To: Sig who wrote (23177)11/25/1997 3:44:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
The Fidelity Effect on Tech stocks.
Sig and thread: According to cnbc Fidelity has been trimming their tech portfolio to some extent during the last few months,however they are not completely out of the sector.They have nearly liquidated 50% of their position in Texas Instruments (from 11% to 5%),AOL,Adobe Sys,KLA etc. Recently they also have been liquidating some of their positions in Oil Services sector.

I am inclined to believe that this 'Fidelity effect' has somethigng to do with the recent weakness in the Tech sector. I guess when you move 400 billion dollars around, there has to be some effect.Another interesting point to note is that Fidelity accounts for 12% of the activity on the big board and Nasdaq.Funny thing,though, is that many of their funds haven't been keeping up with the indexes, confirming my theory that even the 'big guys' can often be wrong.