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To: umbro who wrote (10982)7/21/1998 2:26:00 AM
From: umbro  Respond to of 164684
 
A brief history of manias ...

THE MANIA PLACE & TIME RUN-UP MONTHS DECLINE

Tulip Bulbs Holland 1634-37 5900% 36 -93%
Mississippi Shares France 1719-20 6200% 13 -99%
South Seas Shares Britain 1719-20 1000% 8 -84%
American Stocks USA 1921-29 497% 95 -87%
Mexican Stocks Mexico 1978-81 785% 30 -73%
Silver USA 1979-82 710% 12 -88%
Hong Kong Stocks H.K. 1970-74 1200% 28 -92%
Taiwan Stocks Taiwan 1986-90 1168% 40 -80%
Japanese Stocks Japan 1965-89 3720% 288 -63%
American Stocks USA 1982-?? 1111% 175 ?
Amazon.com USA 1997-?? 750% 16 ?

[ source tice.com, dated Feb. 20, 1998 ]

And the definitive tulip mania page:
mintox.org
from "Extraordinary Popular Delusions and the Madness of Crowds"
by Charles Mackay, LL.D. (1841)