SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Eric Wells who wrote (105744)7/3/2000 9:17:53 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
>> in fact, he would probably be considered a bit of a fool (not to say that some don't consider him such).
<<

Of course he's a fool and so are the greater fools who followed him, whether they made millions or not. At the time, many people including myself believed it was just a mania, and would fizzle in a hundred days or so. Just like the previous historical mania's, like the dutch tulips, etc.... Well, it lasted much longer than anyone imagined. And now, good riddance.

But in this absurd saga, I have to admire people like Mark Fowler who used to post here sometimes. During one of the periods when AMZN and the other fool stocks were looking shakey (spring of '99), he posted to his buddy William "the institutions will not let us down". So there were people (smarter than me), who understood the scam and knew how to line their pocket from it. I wonder if they understood it enough to get out in time. Could Janus be the only holder who did not get out ?