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?

YHOO 52.58

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Jun 26 5:00 PM EST

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To: bobby beara who wrote (1041)	2/28/1999 5:00:00 PM
From: yard_man	Read Replies (1) of 3543

>>AOL has split TWICE in this latest run-up which I believe makes it much more vulnerable that Mr. Tipster would have you believe -g- << Didn't say it wasn't vulnerable -- just has a high amount of institutional ownership. Makes it kind of a binary play. If institutions feel the need to dump it you win and you win big, if only a few weenie out -- you lose. I'd like to play a nut again, but don't have the risk capital necessary, I think ... I may do one of the semi-nuts -- SCH. How high do you think it can go if there is a rotation out of tech into bloated financials? Looking at the chart I would guess that it would be pretty easy to break the 52-week high and if that happens some folks could buy it up to 85 or so ...

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