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To: craig crawford who wrote (9072)4/3/1998 6:50:00 PM
From: Sam Citron  Read Replies (1) | Respond to of 27307
 
Craig,

How do you detect when it is too late and there are no "greater fools"?

SC



To: craig crawford who wrote (9072)4/3/1998 9:17:00 PM
From: hal jordan  Respond to of 27307
 
>People thought PRST was insane at 100. It went to 200. People thought IOM was insane long before it topped out at 55. YHOO hasn't even reached the valuations NSCP had in it's heyday and YHOO is better than all those companies!<

I have no doubts this stock is going to crash hard--the question is when. I'd love to see it hit $130, then buy long term "cheap" puts at $100 a share! Puts are too expensive right now. We may see it dive on earnings day or dive two months from now, but this market mania cannot go on forever at a 9000 level. Except each time you think the run is over, it goes higher. Yea, nothing like 1929 fever.

I'm invested in CKFR and still waiting for that e-commerce rocket to light up. I guesss when the second stringers go berserk, head for the hills with your cash.

Hal