Tulipomania Blowoff Contest: Why and When will it end? Message Board

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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

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Jun 26 5:00 PM EST

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To: Sir Auric Goldfinger who wrote ()	12/27/1999 2:29:00 PM
From: eric012	Read Replies (3) of 3543

Hello?! The way we do biz is changing, radically! You might argue that the companies on the forefront of the "net revolution" don't make money, but how can you argue that the net and modern telcom/computers have not fundamentally changed our lives? The very fact that I can collaborate in real-time with workers/office anywhere in the world is significant. The fact that you post here, as opposed to a weekly group meeting is significant! The fact that today anyone can trade the Nasdaq & Nyse in real time from anywhere in the world is significant! And these advances, which only 4 years ago would have been impossible, and 10 years ago unthinkable, haven't even scratched the surface of the possibilities. When InterNet 2 comes online, wow. It will be a different world. It will affect the way we live. And that will affect the way business is done- new models will be created that we can't even imagine. Not to sound like some happy techno/future crazed nut -- the changes I've experienced are REAL. And business is just scratching the surface of the possibilities. Companies WILL be profitable in the future -- though maybe not in the current way they do business. It was a good idea to mention railroads -- what we are facing now is imho just like the early railroad years. We're building infrastructure, spending $$ learning what works. And with more baby-boomer$$ needing to find a home, and only more for the forseeable future, these companies will be able to experiment. Who cares if the companies fit the value based model? this is all about hopes and dreams and creating the future. Quite a few people HAVE proffited handsomely from those ridiculous high flyin internet stocks. You just have to consider WHY the stocks move the way they do, and throw the value model out the window... At least until some EVENT brings those fliers back to earth.

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