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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (2514)	1/11/2000 6:09:00 PM
From: Mad2	Respond to of 3543

Shows how silly the whole thing has become......give a 100 mil to someone with an idea who is going to compete in a highly competitive, capital intensive, technology intensive business with little thought of being profitable. Of course this money comes from those who are pro's at spending and loosing money. When it ends this round of exceses ends and investors realise the risk (lot of Go to zero prospects here)it'll drag down a number of technology companies creating a flight to quality (read earnings and stong balance sheets). Mad2 Still think AMZN should have bought FHT when it was going for a p/e of 10, had excess warehouse space and knew how to make money selling low priced stuff.....Federated did buy them.