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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 (2251)12/26/1999 5:36:00 PM
From: KyrosL  Read Replies (2) of 3543
 
Dale,

I cannot conceive that the internet/high tech IPO craze will last more than a year. IMO, there simply won't be enough money around to sustain it. Next year, the VCs and insiders of this year's hot IPOs (by far the biggest crop in history) will want to sell a good chunk of their shares. If you couple this with the avalanche of new IPOs being prepared for next year, and the fact that the Fed will be mopping up the liquidity it created to douse Y2K fears, it becomes pretty clear that the end of the bubble is near.
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