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 : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Trader X who wrote (12984)3/28/1998 8:56:00 AM
From: Jeffrey S. Mitchell  Respond to of 17305
 
We don't make the rumors, we just report them (gg). In the beginning we expect all sorts of shots in the dark and perhaps hype and wishful thinking. But occasionally we'll get a real bonafied good rumor that will pan out and that person will be elevated from "newbie" to "hot-shot" etc. Over time, we should have some really good quality rumor mongers. At that point, people who want to play it safe can take all newbie stuff with a grain of salt and pay their attention to the ones with a track record.

As for the specific rumor you noted, the "source" said it would be approved. I suppose there's a 50/50 chance, so if it is, you could say he got lucky. However, that person also gave more detail about who and why so we went with it. [Note to self: expect rumor from Trader X saying laser won't be approved (gg)].

This stuff is not an exact science. Hopefully we'll get the kinks worked out over time and be able to be more selective.

- Jeff