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Strategies & Market Trends
Tulipmania & The Individual Investor
An SI Board Since February 1999
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Emcee:  astyanax Type:  Unmoderated
This URL is part of the new "tulipmania" section, which profiles many prominent analysts who have dismissed Net stocks from day one. It also goes into great detail about the increasing power of the
individual investor: netconductor.com

A major subsection of the page involved MSNBC's Christopher Byron. In case you haven't heard, I'll repost what I said in another SI board:

MSNBC columnist takes credit for SI's breaking story! Christopher Byron is
the MSNBC columnist who "broke" a big story leading to the immediate
suspension of 6 OTC bulletin-board stocks. First of all, let me say this
was a wonderful piece by Byron that was instrumental in the SEC stepping in
to fight this fraudulent racket. Great work.

However, I find it extremely unfortunate that he is so eager to take credit
for "exclusively reported ... as we first reported here...", etc. When
in fact it was our very own folks here at Silicon Investor who broke
the story. Led by "Pluvia", "Bear Down" and several others, see the thread
for yourself:
Subject 25226

For more details, see my page critical of Byron
netconductor.com

Anyway, Byron never mentions SI in either of his two articles. This isn't
surprising - in case you haven't heard of him, he basically writes
weekly columns making fun of supposedly stupid individual investors and
particularly anyone who buys Internet stocks ("ignorance of these robotized
Internet investors", etc). In fact, he's written off Net stocks as
hype since the beginning, coming up with an "Internet Sucker's Index"
of Net stocks over a year ago. That mock portfolio has skyrocketed,
so who's the real sucker here?

---
Internet Fund Investors Forum netconductor.com
tulipmaniac@netconductor.com
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