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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 (3116)	10/20/2000 11:46:14 PM
From: Bilow	Respond to of 3543

Hi Sir Auric Goldfinger; So these guys were too stupid to hedge their butts. At the very least they could have taken some of the money borrowed from their restricted stock holdings into sector puts, or puts on companies similar to their own, but instead they just spent it. Oops. -- Carl

To: Sir Auric Goldfinger who wrote (3116)	10/21/2000 12:27:32 AM
From: Mad2	Read Replies (1) \| Respond to of 3543

Interesting accounts. This guy Donahue should get a Darwin award (for extinct investors). He and the World Com guy.......margin is a dangerous thingy. The shares perked up, getting back to the high $20s in July, before descending even further. Things went from bad to worse for the company in recent weeks when it told investors it would report a wider-than-expected loss from operations. With the shares under $3, the company hired Bear Stearns & Co. to explore strategic alternatives. On Oct. 12, it announced that it had signed a pact with technology-holding company Jackpot Enterprises for a $20 million private placement of convertible preferred shares. As part of the agreement, Jackpot said it would also assume Mr. Donahue's $14 million loan in exchange for some of any future gains from his InterWorld stock. m2

To: Sir Auric Goldfinger who wrote (3116)	10/21/2000 12:06:54 PM
From: Kevin Podsiadlik	Respond to of 3543

Unlucky Echelon of Ex-Centimillionaires Sees Stakes Plunge as Net Craze Fades My goodness, this Net implosion is worse than I had imagined. These poor rubes don't even have $10K (1/100 of a million) to their name anymore? Guess Dave Barry was more right than he knew: TODAY'S WRITING TIP: In writing a resume, make sure that it is "up to date" and reflects current economic conditions: WRONG: "I am currently working for a `dot-com' company." RIGHT: "I am currently living in an appliance carton."