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To: N. David Lessani who wrote (1281)3/21/1998 4:12:00 PM
From: Mark  Respond to of 5944
 
We all due respect, We do not determine the price of stocks,
Institutional trader do,


David, I don't think anyone has suggested that we do.

One of the purposes of the debate is try and "get inside the heads"
of the people who have the real clout in this market. I don't
know about anyone else, but I am not at all happy with the quality
of many of my investment decisions. It is all too easy to say that
the bottom cannot easily be predicted (which it probably can't) but
I would like to be within 10% of it rather than 20% or 30%. In this
respect, the Institutions may have the clout, but they have no more
information and no more intelligence than is available at this site.
We, even as a group, may have no influence over the price, but we
certainly have a good chance of better understanding the forces at
play.

Mark