Re: [Geege] It takes one nanosecond to sell stock, btfw.

Tim Byars (
Sun, 9 May 1999 17:51:15 -0700

At 5:09 PM -0400 5/9/99, wrote:
>What kind of elitist bs is this?

Do you think calling me an elitist is something I haven't heard before?

>"Joe 6-Pack"? Sorry if his pedestrian stock tastes offend you, but the
>average "Joe" who trades online accesses the plethora of investment analyses
>and advice to invest with aplomb, gusto and INTELLIGENCE. Joe has Silicon
>Investor, CMGNet, IDGNet, the Intelligencer, Raging Bull. There's Business
>Week, Fortune, and Wall St. Journal interactives. We have Edgar.

Well then explain to me while Internet stocks are going through the roof,
why has the majority of stocks (devoid of the "glamor" stocks) only seen a
average 5% ROI per year in the past 4 years?

>A lot of the bad press and mischaracterizations of Joe (and Josephine) 6-pack
>are probably engendered by BROKERS and ANALYSTS who finally find themselves
>and their rank profession demystified and de-deified. "Sure Joe's making
>lots of money, but he doesn't have a clue!"

That is what I alluded to.

>I'm not going to discuss politics with one such as you, one who must believe
>(given your statement that a Republican might "trash the economy") that
>somehow a Demoncrat is responsible for this lush economy we enjoy now.
>Everyone knows it's Alan Greenspan, who was first appointed by a Republican,
>who gets credit. He has a deft (light) touch; he doesn't meddle.

Well only time will tell who is right on this.



I got two turntables and a G3 PowerBook.

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