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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Dale Baker who wrote (2254)12/26/1999 4:55:00 PM
From: KeepItSimple  Read Replies (1) of 3543
 
>That's the hot front in Internut investing, not the tired "old" names.

Dale, it is obvious from your description that you are about as far removed from silicon valley as can be.

Would it change your opinion of the new economy if you hung out with people who worked inside these "new era" companies? How about if you actually set foot inside their offices? How about if you saw first hand that these companies, for the most part, are simply about selling stock? That their entire business plan consists of "keep them guessing long enough for my shares to vest and i'll retire to jamaica" ??

If you knew these people, and these companies, I seriously doubt you would consider this the future of our economy.

These are simply the stock "bucket shops" of the 90s, and nothing more.
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