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Strategies & Market Trends : Roger's 1998 Short Picks
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To: bob s who wrote (18018)4/10/1999 8:30:00 AM
From: stsimon  Read Replies (1) of 18691
 
I suspect what will bring down the Internuts will be overwhelming supply. This market reminds me of the new issue boom of the sixties. So much money can be made by the investment bankers and venture capitalists that they will push increasingly dubious deals out the door at ever higher valuations. Eventually the market will fall of its own weight. The higher it goes the more money it takes to sustain the increases. I'm only looking for an intermediate type correction, but a nasty one.
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