Internet Stocks With Little Institutional Ownership Could Be in for a Tough Ride

"It is far, far safer to be wrong with the majority than to be right alone."

So said economist John Kenneth Galbraith, and Net stocks are proving him right once again. That's because many Internet stocks that've found themselves standing without the support of institutional holders are starting to look a little queasy.

Institutions behave differently than individuals. They're still stupid. They're still greedy. They still follow the masses like lost sheep. But they are slower to make decisions, and they tend to stick where they're stuck -- with big holdings in stocks. ...