hmmm, well, first:
Yesterday, however, Greenspan took a different tact and rationalized the seemingly irrational. "There is something else going on here though, which is a fascinating thing to watch," he said. "It is, for want of a better term, the 'lottery' principle. What lottery managers have known for centuries is that you could get somebody to pay for a one-in-a-million shot, more than the value of that chance. In other words, people pay more for a claim on a very big payoff, and that's where the profits from lotteries have always come from."
So here is what I propose:
I will organize an IPO of a company. I will sell this IPO via
the Net. The product of the company will be tickets in
its lotteries. The prizes for these lotteries will be stock in
soon-to-IPO companies. The first product will be the lottery for
the stock of the company itself. This should do extremely well,
as not only will we receive the money paid for the shares, we
will also receive the money paid by those who took a small chance
they will receive the shares, but in fact received no shares.
And for the real risk takers we will offer options on our
lottery stock. The tentative names for this company are
'A Lot for Nothing', 'Com Job', 'IPO'd But Don't You Get Angry',
and 'Taking Stock'
If anyone is interested, please PM your credit cards to me -
no, actually, to my bank - that will save me time. Remember,
this is your Ground Floor Opportunity, a real dream!!
Dave |
