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Wednesday, 06/20/2012 10:13:05 AM

Wednesday, June 20, 2012 10:13:05 AM

Post# of 232842
Reading this message board reminds me of a time around 12 or 13 years ago when I was heavily researching the telecommunications industry. There was a guy out there (in fact, he is still out there) named George Gilder. Phenomenal writer, very knowledgeable about the telecom industry and all of the cutting edge technology behind it. He had a newsletter that was widely followed called the Gilder Report. Fascinating stuff too read. The guy really new his technology. But when he tried to bridge that knowledge to the financial world and stock recommendations, he was a disaster.

I guess my point is, we all need to be careful to keep separate and understand that there are huge differences between experts in operational and technical information and experts in financial due diligence. It is easy to get lured into and fascinated by the smooth and articulate musings and expressions of operational knowledge and then assume that these same people somehow have a clue about the factors that impact financial markets and individual stock (like LQMT) prospects.

The beauty of this board is we do seem to have experts in the operational / technical areas and then we also have experts in the financial areas. I constantly have to remind myself who is expert in which and be careful not to put too much emphasis on comments made by the ops experts about financial stuff.

But most of all ... as many have said here before ... rely only on your own DD.

GLTA
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