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 Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (20953)	6/28/1998 4:33:00 PM
From: Justa Werkenstiff	Respond to of 70976

Word is that orders have dried up at KLAC and things look grim going forward. The only issue is how much of this has already been discounted in the stock price. Place your bets.

To: Jacob Snyder who wrote (20953)	6/28/1998 4:57:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

Jake, Some valid points, to be sure, we won't be privy to insider/preferential information, no way we can expect that. But sometimes rumors are based on fact and escape to the "masses" via word of mouth (internet). At least an individual can observe stock movements and know something is up and strategize accordingly. The web isn't perfect, but by far it beats waiting for information via the press/periodicals. We roll the dice, we take our chances, hopefully we will make some good "gambles" with available information. BB

To: Jacob Snyder who wrote (20953)	6/29/1998 12:35:00 PM
From: Katherine Derbyshire	Read Replies (1) \| Respond to of 70976

OT The thing is, even the institutions are wrong a large fraction of the time. Peter Lynch freely admits that only about one in ten of his picks was a winner, but that was all he needed to make Magellan Fund a legend. After a certain point, more information doesn't seem to mean better results, and after a while everyone is saying the same things anyway. Seems to me that it makes more sense to get most of the available information about five companies than to spend the same amount of time trying to get all of the information about one company. Either way, in the end you just have to trust your gut. Katherine