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 (3477)	2/24/2002 3:44:52 PM
From: Mad2	of 3543

chart don't look too good finance.yahoo.com^IXIC&d=c&k=c1&a=v&p=s&t=2y&l=on&z=m&q=c Take your pick, 1,400 a retest or perhaps 1,200? Frankly on a valuation basis the NASDAQ probably derserves to be at 800, but still too many throw dough in this direction upon the belief that the 1995-2000 period will repeate itself. Hindsight is 20/20, but it won't happen again as much of the late 1990's growth resulted from every corporation in America giving a blank check to CIO for Y2K. CEO's hated it but had no choice. For a short time in 1999-2000 Tech lovers and Wall Street peddled the on-line/e-commerce craze, but it went poof. INTC, SUNW, MSFT will be the future Chrysler's & GM's, once analysts acknowledge they are simply business's, subject to competition, downturns and in gerneral the same challenges presented in everyother business and industry.

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