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To: Tom Kearney who wrote (50769)	3/18/1998 5:51:00 PM
From: Diamond Jim	Respond to of 186894

An opinion. Message 3756614 jim

To: Tom Kearney who wrote (50769)	3/19/1998 11:55:00 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 186894

Tom, I saw that article yesterday. I have printed it out and have it under glass on my desk. An investor should never forget who the financial press thought had credibility. The comments about the busiest threads were illuminating, too. For example, the suggestion was that the folks on the AMAT thread expect it to only go up.If you review the thread,you will see that many of us jumped in in the fall of 1996. You will then see that the long term posters were discussing exit strategies in late August and September, after a 500% run. Then, many of us announced our purchases at the 26.5 to 28 price level,and then sold around 38 because we remain short term negative, long term positive. Most of us expect another buying opportunity before a sustained run from this summer through the year 2000 "retooling." How in heavens name could the general consensus nail it any more firmly? These analysts are totally controlled by what Buffett refers to as the "institutional imperative." They are not really picking stocks, they are trying to create activity. They are a plague on the individual investor.