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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (6129)6/21/1999 6:27:00 PM
From: Allan Harris  Read Replies (3) | Respond to of 15132
 
RE: hey Marc I think the following is a sign of topping

On occasion I am presented with the monthly ramblings of the other Bob, Bob Prechter. For about the past three years, the other Bob has identified just about everything, and I mean everything as sign of the "Top." Before you jump to hastily into this camp, you should know that it appears from Mackay's description of Tulipomania that this so called "bubble" lasted minimum of 36 years, from the time England first imported Tulips to the height in tulip pricing. If we extrapolate that to the current Internet group, even if we go back to the mid-1970's when most of the Internet CEO's were born, we still have at least about another 10 or so years to go in the rally. It seems to me that even if this is a bubble, which I do not believe for one moment, at least not yet, that there is plenty of distance between where we are now and the eventual height of Internet capitalization. That spells opportunity, whether you call it investing or speculation. So long as this sector is met with such universal, uninformed skepticism and bewilderment, that opportunity is alive and well.

This thread is a cure for complacency, if there ever was one.

A



To: MrGreenJeans who wrote (6129)6/21/1999 10:01:00 PM
From: Chuck Rubin  Respond to of 15132
 
Glad to stir up the pot, this thread is on the stuffy side anyway.
And keep believing at this stage of the game its earnings.....ITS REVENUE AND MARKETSHARE its groping for the correct e-commerce model its positioning...that's what the internets are being rewarded for at present. Some believe its a mystery why they are skyrocketing in price. COME ON FOLKS GET SAVVY. QUIT BEING LIKE LITTLE CHILDREN AGOG AT WHY PRICES ARE INCREASING IN THE INTERNETS!!
Its who is going to take advantage of this seachange in the way we do business on the internet in the not too distant future.
So some people put down the internets because they can't believe the valuations....they are not focused on what is really happening.

Chuckr



To: MrGreenJeans who wrote (6129)6/22/1999 11:08:00 PM
From: Lars  Respond to of 15132
 
MrGreenJeans,

>>>
GANGBUSTERS IN PRICE. TOO BAD BOB OR OTHERS ON THIS THREAD DIDN'T TAKE ADVANTAGE...COULDA MADE A BUNDLE OF DOUGH!!!
PROFITS OR EARNINGS ARE NOT THE CONCERN AT THIS TIME....
>>>
Coulda?

Yeah, coulda lost a bundle or made a bundle. I love hindsight.