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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: Pancho Villa who wrote (628)12/1/1998 8:57:00 AM
From: Bob Trocchi   of 650
 
Pancho..

I do hope it is a top for this one. I also have the following theory that BFT is a good short for the following reasons, none of which are based on reported accounting or any commonly accepted logic!

1. BFT cannot create a web site and deliver their main services over the Internet!

2. BFT actually makes some money (at least the way they report it) and today this is contrary to Internet stocks which are the ones that "go to the moon."

Based on what happens to these crazy Internet stocks that double in a day due to a new web site and losing money, we are safe with BFT as a short. <G>

Regards

Bob T.
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