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: Dale Baker who wrote (2260)	12/26/1999 5:09:00 PM
From: KeepItSimple	Read Replies (1) of 3543

>Try to find a unifying, coherent theme all the "experts" quoted here. Easy. But I guess you didn't read the entire article so you probably missed the most important paragraph: His second misstep, Faber said, was failing to predict the frenzied scramble for Internet and other technology stocks. Many sell at unheard-of multiples of revenues and have no immediate prospect of earning a profit. "I have underestimated the enthusiasm, the speculative fever and the greed in the United States and around the world," he said. "I underestimated the stupidity of the public."

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