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Tuesday, July 29, 2003 8:54:41 PM
As one who is very long in IDCC, I realize there are several reasons to make overly optimistic posts. One prominent one is the unconscious desire to believe you are doing the right thing. Another is not to make a post that might harm your position. A third might be to cheer up your similiarly thinking "teammates". Another might be to keep in the good graces of management so that they will answer your calls and E-mails. A more sinister reason would be, if you trade, which I do not, to drive the price up so that can sell at a profit. If you are short, there are plenty of reasons to make overly pessimistic posts, some of which are the reverse of the reasons I have given for the longs. Lets face it, this board is mainly useful when you screen out most if not all of the opinions and learn about facts you otherwise wouldn't have known. If you pay too much attention to any opinions here, you are very naive. Even the opinions of analysts should not be paid much attention to as has been recently demonstrated. I value your posts when you remind me of negative facts(such as the existance of an indeminifier) which I would otherwise tend to suppress. I believe you bring a balance to this board which I think it needs and I am glad to see your posts. When and if the day comes when I decide to sell, posters like yourself will have been of help. Criticizing your motives is no more valid than criticizing the motives of us longs, esp none of us really know enough about each other enough to be sure about our motives.
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