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Re: JimC1997 post# 12079

Saturday, 05/11/2002 12:47:54 PM

Saturday, May 11, 2002 12:47:54 PM

Post# of 93826
JimC: db24 still raises a valid question...
and one that more than a few of us have difficulty understanding.
Presuming that there are at least a few knowledgeable EDIG investors out there who were amongst these sellers, it wouldn't hurt to speculate as to what their motivations were. We're all digesting the same research yet people continue to sell. I'll grant you that looking forward is more fun (productive) but that's like driving a car with just a gas pedal and no brakes. Better still, not looking in the mirror to see what's coming up from behind.
Are we dealing with a lot of extremely uninformed investors who have thrown in the towel? Are people actually shorting this stock after such a huge reversal? Is it tax motivated? Is it just the current market psychology? Is it, in fact, manipulation ( which I personally think is little more that the easy bogeyman when a logical answer escapes us). Hey, beats the S out of me.
So...is db24's concern unimportant? No, not at all. If two years ago people had spent a little more time evaluating the negative possibilities of their cherished high tech stocks they'd be much better off today. This is an investment forum as well as a fan club. We should attempt ( if possible) to uncover a reasonable explanation. I think we all could keep more focused on the road ahead.

DoP


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