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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bert Herman who wrote (28697)	2/23/1998 4:10:00 PM
From: Reginald Middleton	Read Replies (1) \| Respond to of 1572702

<This game isn't totally about numbers. It's about perception. If the public think the future looks goods, it's going up, even without the numbers. Or do you really believe all those "investors" in internet stocks did a counting job before they invest their money in those stocks? Come on, it's more about psychology than about numbers.> Not even close. Share pricing is about numbers, because it is about money, and money is measured numerically. Share prices are not dictated by the public any more than special interest legislation is dictated by the public, they are dictated by institutional investors. Institutional players have various motives for thier actions, but they are all justified numerically, whether it is to juice someone for commission numbers, to boost meritorious compensation numbers or to increase the numbers of assets under management. Psychology is a game for the trader, not the investor. Guess who controls the stickiest capital, the institutional investor or the institutional trader?