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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Sir Auric Goldfinger who wrote (433)1/1/1999 12:59:00 AM
From: larry  Read Replies (1) of 3543
 
I think that you should raise the award to 10-20 k, maybe even 50 k. This is an interesting contest and the winner sure deserves more than 5 k.

Anyway, lots of good posts and nice ideas backed up with solid data. Maybe it will be even better that some internut bulls will join the debate so that we can hear the argument from both sides.

To me, I believe that 99 will be one of the most interesting year in the history of stock market. Internut sector will either make it or blow it. Either the internut sector revolutionizes the valuation of the whole stock market and the DOW shoots up to 11 k, issues like MSFT, DELL, CSCO, LU demanding 100-150 trailing PE because they are dirty cheap compared with intenuts, or people return to traditional valuation model and the market retreats and the DOW ends the year with negative growth.

larry!
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