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

To: EL KABONG!!! who wrote (2709)	3/19/2000 4:20:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 3543

Be careful trading off this data. Take KANA for example; the data shows a $90 million loss but most of that was accounting charges not cash. And KANA is buying SILK. They both have $50 mil. on hand and a burn together of maybe $30-40 million annually at worst. How many other mistakes like that are there in this table? The other mistake is trying to extrapolate anything with Internet stocks beyond a couple of quarters. No one has any tangible idea what the Net will look like in three years. That said, the junky B2C companies at the top of this list are worth a closer look for terminal shorts.