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Author: wax Big red star, 1000 posts Feste Award Nominee! Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 182  
Subject: Pitching CAPS Date: 11/10/2006 7:11 AM
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First off, several weeks ago I asked about the future of CAPS. As you will see, I got no response. So if this question could be answered I would appreciate it.

http://boards.fool.com/Message.asp?mid=24734634

Secondly, there was an article this morning highlighing CAPS. The article, written by Tim Hanson is a promotional piece for CAPS. Here's a link.

http://www.fool.com/news/commentary/2006/commentary06110901.htm?source=mptoppromo

What I found strange was the time horizon for the blue chips the article listed...one year. I just thought that an odd time horizon for a blue chip but that's just me.

At any rate the article invites prospective CAPS users to provide their thoughts on which of the listed blue chips should be selected as the blue chip poster stock for 2007 by joining CAPS.

I have been around Fooldom for a very long time, and in all that time I have become quite used to an associated discussion board. CAPS is not like that.

There is this discussion board and there is the feedback discussion board. Other than that....just individual "pitches". And that's the part that is very confusing to me about CAPS.

If I make a pitch for a stock who sees it? How do they see it? What if I'm the only one that has picked that particular stock?

CAPS is not the normal Foolish experience that many folks have become familiar with because there is no platform for social interaction...individual pitches aren't seen by everyone, as far as know.

I understand that from a logistics perspective that probably isn't possible, I mean that was a problem when another website started this approach to investment selection in 1999, and it remains a problem for them to this today.

So my point is, that many folks that read Tim's article are going to be expecting a "normal" Foolish experience when they get to the CAPS site, only to find something quite different, a bit intimidating, and for the novice member …very very confusing.

Wax
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Author: TMFBreakerDan Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 31 of 182
Subject: Re: Pitching CAPS Date: 11/10/2006 11:58 AM
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Hey Wax,

Here's a supercharged FAQ that was on the help board and it has an anwswer to your question.

http://boards.fool.com/Message.asp?mid=24761022

The answer is basically that TMF has NO intention of making the current version of CAPS a "for pay" service, but may in the future add premium services and/or features to their CAPS pages. These features would be for pay.

I have to respsectfully disagree with your conclusions that CAPS is "not a normal Foolish experience" and that CAPS has "no platform for social interaction." In CAPS you have the Foolish community all congregating in the same virtual space, picking stocks for all to see, sharing information through pitches, replying to pitches, and CAPS now offers the ability to send private emails to each other. There also is a limited but growing number of CAPS relates boards.

As far as people seeing pitches - the pitches can be seen by visiting your CAPS page, by scrolling down through the list of pitches when viewing a stock (which can be organized by date of pitches or # of recs.) Of course, some pitches will be much more visible than others and pitches made on less visible stocks will be seen by fewer people. The more effort people put into their pitches, the more educational, amusing and enriching the pitches are the more they will be recc'd and the more visibility they will receive. Also, one can enhance their communal experience by locating Fools they like and naming them "favorite" players. So, if you have 5 Fools you enjoy communicating with, just go to their pages, find the link that says "add to favorites" (forget exact wording) and then it becomes easy to track their picks, read their pitches and communicate with them.

The key thing you need to keep in mind is - go slow, take your time and have some fun walking through the service and fiddling with it. I believe it is all ready much more Foolishly communal than you realize. Also, a critical point to remember is - this product is brand new, still in the Beta version and, in time, I am certain will become more Foolishly communal than anything we've ever seen.

Another critical thing to realize is the purpose of CAPS - to help you, the individual investor - beat the market. I strongly encourage you to think of some stocks you're interested in purchasing, and then to go to the CAPS pages of those stocks and view the # of bulls and # of bears. View all the pitches on those stocks. View the CAPS rating on those stocks, and then decide if that information is valuable to you as an individual or not.

I can say from my personal experience, that my results have been EXTREMELY successful since I started playing CAPS. Perhaps more importantly, a family recently recommended a stock to me that I checked on CAPS and found had a 1-star rating and is laughed at by many highly rated members of our community. Time will tell if this will save me big money, but my gut feeling is that I have no doubt it will.

I hope this helps and good luck with your investing.

Best,

BD























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Author: wax Big red star, 1000 posts Feste Award Nominee! Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 32 of 182
Subject: Re: Pitching CAPS Date: 11/11/2006 5:38 AM
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Thanx Dan;

"I have to respsectfully disagree with your conclusions that CAPS is "not a normal Foolish experience" and that CAPS has "no platform for social interaction." In CAPS you have the Foolish community all congregating in the same virtual space, picking stocks for all to see, sharing information through pitches, replying to pitches, and CAPS now offers the ability to send private emails to each other. There also is a limited but growing number of CAPS relates boards."

Okay....I shall continue my quest.

Wax

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Author: TMFBreakerDan Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 33 of 182
Subject: Re: Pitching CAPS Date: 11/11/2006 1:03 PM
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Hey Wax,

Go forth and conquer!

Best,

BD

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