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


To: Maurice Winn who wrote (8386)9/6/2001 11:28:36 PM
From: LLCF  Respond to of 74559
 
A VC guy I know always used to say about grandiose deals that the third guys can end up making some money... I've seen it work enough times to think that's a pretty good guess. IMO what sets the last few years apart from much of history is the number and extent of such deals in so many different areas, from real estate to .com. Even many deals that eventually make money won't for investors... unless of course you've got coin during the bust... yum yum.

DAK