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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (4190)	6/2/2001 6:37:16 PM
From: robnhood	Read Replies (1) \| Respond to of 74559

<<Which I though was old news. And who cares? I>> Obviously not you... One only cares if they place a bet, Oh is it? I'll wager that a lot of folks care,, there's only several billion of these shares around--- what is it , 7 billion csco,, 3 billion nt--, oh nothing if you aren't hooked, and I venture that a lot of folks are. Not you of course.. Why? Do you doubt your own America is great, Bush and the GOP will make it so, analysis? I daresay you are not hooked because you have no dough , or, deep down, you believed that in fact the last few years were idiotic.

To: Ilaine who wrote (4190)	6/2/2001 6:42:35 PM
From: robnhood	Read Replies (1) \| Respond to of 74559

<<I'll be happy to quit commenting on Noland when people quit posting links from Noland to me. >> I don't know why I or anyone else responds to you--- IMHO, you are arguing for the sake of it, and to promote your beloved repuclican genetic coding... IMHO, you're trying to learn by being obtuse---- Big Swinging Richard, ho ho ho

To: Ilaine who wrote (4190)	6/2/2001 7:41:43 PM
From: LLCF	Respond to of 74559

<I've been on the bear threads since 1998. Were you?> LOL, you know what... perhaps lot's of smart people showing up here might be a clue. I was buying biotech in '98, and now I'm long gold... doin pretty well: siliconinvestor.com We're not all permabears here. DAK

To: Ilaine who wrote (4190)	6/3/2001 4:01:38 AM
From: Box-By-The-Riviera™	Respond to of 74559

You could also say the promises of the dot.com's made them quite attractive. Indeed they promised, via the marketer's of their stock including their own marketing strategies (during numerous closed door sessions between their backers, their IR people etc), they promised a nearly infinite stream of cash discounted to some crafted present value and asked, in exchange for the promisary note (a share of stock) that you pay now for what they will give you later. During this exaggeration in the use of the pv/fv equations and all the color surrounding them via shrink wrapped presentations and glitzy rollouts, demand surged. Not enough certificates to go around, so they printed more and still more though people were shouting that in fact these products were empty shells with little inside let alone rare pearls. As it turns out, just about anyone can make the stuff these folks offered and being a Gorilla had a great deal more to do with being first to market, than marketing a product with infinite value. Buyers blinked. No amount of hyperbole since has been able to turn it around, yet. Doesn't matter that it happened per se. Just is. I remember going to one of the early internet world shows. I was there the day IFMX rolled out their universal server. The spent a huge sum of money with give aways of star charts, and showed fabulously entertaining demonstrations of what their product could do. Thirty partners were in adjoining mini booths showing everything from maps (map quest) to photo catalogueing etc etc etc. I could not find one single hole in their story. That is, until I happened to go to the Microsoft exhibit. There must have been 60 or 70 mini booths with partner/add on companies showing their products. And there low and behold, was a mini booth for IFMX with one lonely software engineer from IFMX. Although he said nothing specifically, his whole attitude about the universal server rollout, his singular lack of atonishment about the focus buzz of the entire show, made me think something was wrong. I sold my position from the telephone in the lobby of the Javits center. The stock crashed within the next few days. And the rest is history. All their numbers would never have told me the stock and it's price were in fact a lie created by the company's management, and that universal server was not particularly better or worse per se than DB2 or the Sybase efforts at that time. What told me something was wrong was that there was a myth being created that didn't match the reality or the body language of this one software engineer. I'd shake his hand if I could find him again.