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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (5469)4/15/1999 2:23:00 PM
From: JDN  Read Replies (2) | Respond to of 17183
 
Dear Stock Bull: What makes you think the institutions are selling?? Last I called my broker BUYS were going off at 50,000 to 60,000 EACH. I dont think that too many individuals come up with that change.
For anyone's information, I was able to add today to my position at 112. Personally, I consider it a great buy at that price. JDN



To: stock bull who wrote (5469)4/15/1999 9:05:00 PM
From: mauser96  Read Replies (2) | Respond to of 17183
 
There are all sorts of institutions, but if mutual funds are an example, they don't have any better insight than a lot of SI posters. If they are so smart,if they really know what's going on, why do most of them fail to beat the S&P 500? Any large institution has inherent problems with purchases driving up the price and sales pushing down the price. It takes a very clever manager to overcome this problem. Most of them are just as prone to "group think" as anybody else. Of course there is always the exceptional institutional manager, but by definition they are rare.