Tulipomania Blowoff Contest: Why and When will it end? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: charger who wrote (2719)	3/29/2000 4:08:00 PM
From: Sir Auric Goldfinger	Read Replies (1) of 3543

BN Internet Stocks `Dangerous Territory,' Mobius Says; Shares Fall 282305 Mar 29 2000 16:06 New York, March 29 (Bloomberg) -- Internet stocks fell as Mark Mobius, managing director of Templeton Asset Management Ltd., called the stocks ``dangerous territory' and said companies he's seen in places as far away as Argentina ``have no earnings, no prospects of earnings in the near future,' CNBC reported. Mobius described the optimism surrounding Internet stocks as misplaced and said five-year models show the companies to be very expensive. Yahoo! Inc. (YHOO) fell 17 15/16, or 9.2 percent, to 177 1/16 and traded as low as 174. Lycos Inc. (LCOS) fell 2 11/16, or 3.9 percent, to 66 1/4 and traded as low as 64 7/8. CMGI Inc. (CMGI) fell 2 1/2, or 2.2 percent, to 111 13/16 and traded as low as 110 9/16. Amazon Inc. (AMZN) fell 3 7/8, or 5.5 percent, to 66 1/4 and traded as low as 65.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next