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: Sir Auric Goldfinger who wrote (1)	12/25/1998 12:54:00 PM
From: Crossy	Read Replies (6) of 3543

Sorry, but IMHO this contest is an effort to funnel ideas to shortsellers. This could result in a tendency to create "self fulfilling prophecies". If someone came up with a good idea he may collect the $5000. If Mssrs. Goldfinger & Co. take that idea up and spread it anywhere - if it's compelling they'll be making millions. So Mr. Goldfinger doesn't have a position now in net stocks, he may have one in the future. I do have long positions in some stocks with e-biz appeal and I think that this "contest" is just an effort to create volatility. However I do believe that one should put money where his mouth is. My mouth isn't here so I shut up. Only want to stress that this looks more than odd and of questionable substance. Imagine longs to make an "idea" contest for real a snake-oil sales scheme. Anyone would depict that as a contest for "pump & dump" scriptwriting and rightly so. Just because this is a shorts' effort this should be viewed entirely different ? Can't hardly believe that. best regards CROSSY

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