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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (4337)3/18/1999 9:58:00 PM
From: Edwarda  Read Replies (2) | Respond to of 6021
 
Get a grip!

I, for one, knowing how the industry works from a life time of observation and talking to friends in the industry, am heartily sick of "demon theory" postings.

I have done this before and lived to regret it--because of the time it takes to educate--do you know any analysts? Do you know what their their day-to-day life is as an experience? No, you sit at your PC and vent.

Walk some miles in their shoes, digging all moments of the days and nights for information. Live through times when good long-term information is meaningless in the short term. Try not to look like a fool if you are concerned that the information about a quarter is not going to be good, but you don't have anything tangible to go on.

This kind of crap makes me sick and it is all over SI threads. It is ignorance and nastiness, use to salve the wounds of investing. Eeven Bernard Baruch said, one can't be right more than two thirds of the time--on the buy as well as the sides. And he was talking about the professionals.

Grow up as investment people, damn it, and stop moaning. Rather than bitching, we should be trying to verify the information and rumors.

I have posted what I have. I am waiting for someone other than Chuzz to post something substanticw,



To: TraderGreg who wrote (4337)3/19/1999 12:53:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 6021
 
I guess you feel the fools that bail have only themselves to blame.

Exactly. A downgrade from strong buy to buy didn't cause this. If that was the siren song song to the momentum "investors" (that's an oxymoron if ever there was one) they sure went willingly to their doom. Maybe there was something that we don't know about that insiders leaked, but sure as hell it wasn't the downgrade that did this.

If you want to talk manipulation think in terms of thinly traded stocks where a couple of market makers trade back and forth among themselves to fix a price and in the process either squeeze some shorts or pick up people foolish enough to have put in stop losses (which, by the way, I would hazard to guess caused a lot of today's anguish).

TTFN,
CTC