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: Sir Auric Goldfinger who wrote (1317)	4/20/1999 5:03:00 AM
From: Mike McFarland	Read Replies (2) of 3543

Thank goodness biotech plunged...because now there are screaming bargains to be found in amongst the wreckage. Take Regeneron for example--one of the big biotech bull market IPO's you listed. Now trading at just half-again times book, with several clinical trials for misc neuropathies, and a very interesting lead --for angiogenesis/anti angio. Then throw in this... biz.yahoo.com REGN should be a $15 stock...and that is just where it should be trading now! You could also buy some of these small biotechs for the genuine ten bagger potential, buy them and forget them for several years. But what will probably happen...is the market will tank, and screaming bargains will become hysterical bargains. Oh...I'll be there when the dust from tulipomania settles--and it wont be to buy any of the internuts. I haven't been hoarding cash all this time to lap up somebody else's vomit. I see a plate of cake, they're putting the icing on right now and giving it away. May I cut you a piece? --MM

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