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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (3630)	12/2/1997 11:43:00 AM
From: LLCF	Read Replies (1) \| Respond to of 10921

Although I agree with your assertion about beating the DOW, pooh poohing people investing in technology stocks doesnt make sense. Anyone with enough forsight to hold onto any number of winners over the past 10 years has returns that so outperform the dow or any other benchmark its silly to even compare. Also: <Historically, the Dow has beat more than 3/4 of the fund managers. Recently, more than 85% of the fund managers have been beat by the Dow. And using the "Beating the Dow" system as implemented by the Motley Fools has beat 96% of the fund managers during the past 3 years.> Be careful... on paper any index beats most money managers... the second part is probebly not even statistically significant (past 3 years). Also, check the methodoldgy used...if its not a real portfolio there are tons of costs being left out that money managers OR individual investors must take into account that ARENT in a lot of these "systems". DAK

To: Ian@SI who wrote (3630)	12/2/1997 1:07:00 PM
From: capitalistbeatnik	Read Replies (1) \| Respond to of 10921

The Beating the Dow strategy has failed miserably this year and is no longer valid, abandoned by O'Higgins its author, since so many people are into it. As far as the time tested theory of investing in DOW stocks, they're just too expensive relative to earnings growth. Since I bought AMAT at 15, BRKS at 9.5, etc. Im more than happy with my returns against the DOW esp since I took some profits earlier in the year.