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: EL KABONG!!! who wrote (580)	1/11/1999 11:56:00 PM
From: Stuart C Hall	Read Replies (1) of 3543

OK, here's my shot: All of the Internut investors will start funneling towards only those companies that are profitable. Main St will wake up and realize that AMZN et. al. will never be profitable and will start investing in only those companies that are making money or are not bleeding green. For example, CMGI. Money will leave the AMZNs and head towards the CMGI's. That will be part 1, and will start the first week of July or September. Part 2 will be when all of the AMZN holders crowd the ships of profitable Internuts to where the stocks gain 400+ in one day. Those over populated Titanics will cause a general panic and the population will be crushed on the way to the exit door. That should happen 3-4 weeks after the general movement away from the high flyers and perhaps within a week of articles hitting all the main rags (newsweek, businessweek, time etc.) That's my bet. Opinions? Or, the Internet will revolutionize our economy and all the AMZN's will correct, but will not collapse. I'd say this second theory has some merit over an extended timeframe. Regards, Stuart

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