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


To: Mad2 who wrote (3380)2/12/2001 9:53:19 PM
From: bobby beara  Read Replies (1) | Respond to of 3543
 
that guy is the real example of stoopid spekulatin, he made all his big gains in one calendar year, didn't put the tax payments in a CD, because he got so full of himself, he thought he could pyramid his irs due, just leveraging even more, it's easy to due, when things are going so good.

the one year i did the same thing, i managed to give back most of it before the years end, i was lucky, i would have done the same thing as that guy.

now i have learned to take a break after a big winning streak,

after a winning streak u are most vulnerable to stoopidness -g-



To: Mad2 who wrote (3380)2/21/2001 2:38:41 PM
From: RockyBalboa  Respond to of 3543
 
$5 billion buys 112 Web companies

Whether it was bargain hunting or speculation or consolidation, 112 Internet companies changed ownerships in January in deals worth $5 billion. "The Internet sector saw more than two weddings for every funeral," said Tim Miller, chairman of Webmergers.com. He added at least 49 Internet companies closed their doors, estimating the companies had run through $1.5 billion in investment. Miller said struggling Web companies could avoid shutdown by planning. We advise startups to begin planning for M&A as an exit option from the very beginning, at the business plan stage," he said.