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To: LLCF who wrote (17265)9/11/2000 2:25:39 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
here's a little vignette illustrating the sheer madness of the mania:

A tiny item culled from the Money section of USA Today, Friday 9/28
(print) edition:
A subsidiary of SafetyTips.com just bought the assets (from bankruptcy
court) of APBnews.com (a "crime news" web site) for $575,000. Asking
price for those assets had been $950,000. Just a few short months ago
APBnews.com was "valued" by Wall Street at $104,000,000.00.
The analysts were "off" in their estimates by only 18,000%.