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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: Van Nguyen who wrote (629)1/12/1999 11:46:00 AM
From: Van Nguyen  Read Replies (3) of 3543
 
#1
Repost: It will happen within a week from now.
So far there are a lot of MM who withdraw from carrying those stocks, despite they make a lot of money. There are a lot of negative comments by different analysts about the "internet-mania;" An article from Barron's or Wall Street Journal, or a comment by Greenspan about the "exuberance," or a less than "whisper" earning number from YHOO (today) may trigger the downfall.
Reason: YHOO has market value almost twice of Boeing, AMZN three time more than KMart, and so on... There is no barrier for entrance in the Internet commerce: any company with financial resource can enter it easily. E-commerce doesn't mean only having a site, and then advertise for it. Whenever, it comes to "customer services," then consumers can tell the who the best. A most recent article on DBC mentions the hassle of returning good when people buy from the Internet. Let say WalMart or K-Mart offer the same price for merchandise but let buyer return good directly at their real store: does it make the difference?
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