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To: GST who wrote (86062)12/3/1999 2:46:00 AM
From: KeepItSimple  Respond to of 164684
 
Hey GST, don't even bother trying to argue reality or logic with William. He's usually completely full of himself, but when his portfolio of internut stocks is rising, his head inflates so large that a market cap greater than the GDP of this country makes perfect sense for a company with 100 million in revenue (50% of which is phony ad barter, the rest of which is interest income) and a dozen million in profit.

Here's a question for you William- if AOL were to suddenly increase in price by 5 trillion times, as of tomorrow morning, would you still say equity speculation is a harmless, non-inflationary event?