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: Mad2 who wrote (2439)	1/6/2000 8:22:00 PM
From: Joana Tides	Read Replies (1) of 3543

Am i allowed to enter the contest from the lesser-travelled door to the right? Been reading this thread for a year, high time to stop by to extend my compliments to the thread and wish A Happy New Year. Gotta admit to being a Bull... and know the Bears enjoy an opposite and (hopefully) intelligent viewpoint sometimes too. Mad2, thanks for that link to such an informative article about Corporate and market history. Got me to thinking. Warning - This Is A Positive Spin On The Tulips Post - It's Just My Humble Opinion Entry - While it's so true "those who don't study history are condemned to repeat it" i must say of course The End will inevitably come, but it won't be YET and when it does it'll be just a fizzle for awhile til the next new thing comes along. Born In The USA, got my money on techs and internets right where my mouth is too... so of course am watching it close for my own good plus it's also a hobby exploring all the angles. Here's why i think this Runaway Tulip Train we're on is just starting to begin building up a full head of steam now .... 1) It's not just IPO money these Co.'s use, they also trade their own extra shares for volatility profit to grow the same as we do Buy Low Sell High Sell High Buy Low Buy Low Sell High .... 2) Techs and Internets are still at the beginning of the Product Cycle so still got plenty room & time to transformationally expand to an integrated utility of necessity. 3) Many brickhouses have just now seen their first low-expense profits from internet sales and networks and those who haven't know better than to be left outside .com now. 4) The Growers have had to cooperate to hybridize a new dwarf variety of pocket-portable tulip bulb which can thrive wirelessly on the same fertilizer of planned obsolescence that grew those Giant Varieties so big. 5) Teenagers of today are called The Internet Generation. 6) The Internet Generation's parents are Baby Boomers who are now Family Head individual investors needing to grow that hardearned money for college tuitions/weddings/car & home downpayments/elderly parents/grandchildren/retirement. 7) Speaking of retirement - so many Baby Boomers won't be getting a pension or much socialsecurity $ after retirement because the change in the job security structure of their employment world in the years of their adult working life has forced most of them into a more flexible entrepreneural/temp/consultant/jobhopping role which the generations previous counting on a gold watch and a golden handshake at retirement from a grateful Company that took care of them in their old age didn't need to adapt to. I doubt the economic rug is about to be jerked out from under a population of such size who built the Technological Revolution from the recession of the '70's preceding The New Economy, for what? The decision-makers and/or profiteers couldn't count on immunity from repurcussions of that, this time. The attendant social disorder of a depression and a huge elderly population dependent on government benefit programs would be good for no one. An economic problem in the USA would have global consequences and could leave our nation wide open to attack from enemies. So why not scratch that one off the list. 8) Technology and The Internet are introducing economies of scale to business that have never before been known. The profit margin imbalances between .com haves and have-nots can't be equallized until all are under it's umbrella and the beauty of it is, it's not unattainable expense-wise. In the meantime such a discovery of cheap easy distribution and taskmastering would continue to have the unique effect of stabilizing both inflation and recession as we now witness... while at the same time calming social unrest by the introduction of such a democratic and practical possibility of upward mobility as this. 9) Those Tulip bulbs will indeed be worth less and less as they become more common while the beauty (isn't the internet like a beautiful flower?!) and the trading profitability of the bulbs will be enjoyed by more and more people as they propagate and harvest them. 10) Interest rates will probably go up and yes it takes money to make money. Another 1/2% or even 1% interest payment tacked on to a 28% increase in revenue in a year from that loan = no big deal. 11) Best of all, less trees will be cut down to make paper. It's The Third Milenniium & Lights & Internet Stayed ON!! Cheers, Joana

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