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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 (3080)10/5/2000 12:03:19 AM
From: bobby beara  Respond to of 3543
 
The exceptions are those really PoS stocks that eventually are found lying belly up in a Wall Street gutter somewhere. <g>

95% of these parabolic "the internet will change everything" charts will be just those, thats the reality.

thats the forward thinking, there will be winning companies and winning stocks out of this bear market, but the bullz all had way too much pie in the sky in their eyes and way too much disrespect to call themselves the voice of reason.



To: EL KABONG!!! who wrote (3080)10/6/2000 12:39:55 PM
From: Mad2  Read Replies (2) | Respond to of 3543
 
The battle between the bulls and the bears will never cease. In the short term, sometimes the bear wins and sometimes the bull wins. But over long time periods, the bull almost always wins. The exceptions are those really PoS stocks that eventually are found lying belly up in a Wall Street gutter somewhere. <g>
Kerry, you should try politics<BG>
I think Bobby's view from earlier in the year has been proven correct as most stocks promoted on the new pair a dime theory now creeping toward the gutter. Pitty the poor sob off the street who bought this type of stuff in the first qtr of the year and is holding for the long haul.
By the way here's a group out of the same sector and they are all down
The view of the past year
quote.yahoo.com
Here's how they look since around the 1st of the year
siliconinvestor.com
Interestingly, it doesn't appear anything within our illustrous economy is going to save many of these issues.
With companies concerned about rising costs, slowing revenue and difficulity meeting profitability objectives the high p/e, no p, neg cash flow group could continue to plunge.
mad2