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

0.0%

Jun 26 5:00 PM EST

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To: Contra Guy who wrote (1519)	5/25/1999 6:46:00 PM
From: memflyken2	Read Replies (1) of 3543

I agree, Ben. AG should proceed with caution now that we are (apparently? hopefully? impossibly?) on the edge of the precipice: Lost in the shuffle of these last two days is the fact that EBAY, AMZN, GNET, YHOO etc. are STILL overvalued by a factor of five or ten. Given their non-existant "fundamentals," the feds finally tightening rates, legitimate inflation fears in the air, and euphoric imbecilic day traders finally learning the lessons of economic gravity (what goes up can indeed fall down), I can't see any "support levels" that make any sense for these dogs... Why YHOO @ 28 then? Why not?

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