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Pastimes : All Clowns Must Be Destroyed
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To: pater tenebrarum who wrote (7450)2/7/2000 7:06:00 PM
From: awi  Read Replies (1) of 42523
 
Heinz, I agree. Valuations are ridiculous beyond doubt. And just as unbelievable is the staying power of this technology mania. But it'll end some day and many people will get burned badly because they traded on margin, just like some Dutch painters in the 17th century who had to take up painting for a living again after they had been devastated by their speculation in tulip bulbs. Luckily those 'margin calls' led to some wonderful pieces of art which nowadays are traded for speculative fortunes themselves...
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