Tulipomania Blowoff Contest: Why and When will it end? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KeepItSimple who wrote (1386)	4/27/1999 2:31:00 PM
From: ScrapCollector	Read Replies (2) of 3543

>>Two kleiner perkins partners are on Al Gore's financial advisory board. Al Gore's buddies have all their power based in the stock market of internet ipo's. If the market continues, they'll practically own the country. If the market corrects, they wont. Greenspan is defenitely having pressure applied to him. Hell, is anybody out there sure he can't be bribed? There is a LOT of money involved here. << Technology is going to be the centerpiece of Gore 2000 platform. Even though he did not invent the Internet (LOL), he popularized the term Information Superhighway to get the current frenzy started. Fortunately, nobody uses that term anymore. Here's my hypothesis: Gore cares more about the Internet infrastructure than the stock market itself. The inflated Internet stock price is helping to build the Internet for the masses which Gore will surely take credit for. Have you noticed that unlike railroads, highways, power lines, and telephones, the Internet is growing without significant government funding? In otherwords, it has been publicly funded without taxes. How about that? (Yes, it's true that the Internet or ARPANET as it was called began as a Pentagon funded project. Government is not funding the broadband connections that are being built today, however.) You bet your socks that there's a LOT of money involved here. Greenspan has no choice but to leave this frenzy alone. He's counting on not getting blamed because he was hands off. When the tulips stop blossoming, the naysayer analysts will jump on the masses (i.e. you and me) for the blame. When will this madness stop? My prediction is end of June, but the current market has a lot of people fooled...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next