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To: Bearded One who wrote (21966)	12/6/1998 6:09:00 PM
From: Gerald R. Lampton	Read Replies (1) \| Respond to of 24154

and they're convinced that IOM is eventually going the way of Syquest. Not knowing the first thing about IOM and Syquest, I ask, what does this mean?

To: Bearded One who wrote (21966)	12/6/1998 7:22:00 PM
From: Lizzie Tudor	Respond to of 24154

OT OT >>> DCLK is supposedly incredibly well managed. Thanks for that on dclk. Im the only one on the dclk board a lot of the time. If you get any other pertinent news please post, if you can. Michelle

To: Bearded One who wrote (21966)	12/7/1998 11:18:00 AM
From: Reginald Middleton	Respond to of 24154

I get the impression that many on this thread have an imprecise perception of trading, at least equity trading. My fiance used to be a trader, and she put it bluntly - it is a blue collar profession. Most traders that are not trading 2nd or 3rd generation derivates can get thier job out of high school or with a BA degree. Many may have a masters, but that is more of a prerequiste of the company and not the position. That does not mean that traders are not smart or do not make good money. It does mean that very, very, very few traders know anything about corporate valuation, and care even less. Attempting to profit off of volatility blips has very little to do with picking the best management in the right field for an overperforming invesmtent vehicle. I find it very hard to believe that your trading friends know how to, or are even interested in, valuing a company by ascertaining the risk adjusted return of its components and prospects for the medium to long term. With this being said, I don't see how equity traders can tell you how the street is valuing a company. If you had analysts, or M&A guys as friends, that is a different story... Do you think that AOL seeks the counsel of traders when they pursue a merger deal??? There are very little fees stemming from the proprietary trading industry because there is little advice to be given, just transactional revenues.