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To: The Osprey who wrote (2623)10/9/1998 6:31:00 PM
From: Savant  Read Replies (1) | Respond to of 4201
 
Just a new IDEA I'm working on.<gg> A Ponzi scheme, (who was that guy) is like a chain letter only with stock. In the normal one, investors are paid with the increasing stock subscriptions of newbies, making it look like the company is making a lot of money, so more newbies come in and bring more money, part of which goes to the old investors, so they put more money in. Trouble is when the new ones quit coming in, the price collapses, and the company officials are nowhere to be found.



To: The Osprey who wrote (2623)10/9/1998 8:32:00 PM
From: Savant  Read Replies (1) | Respond to of 4201
 
Did I ever tell you my flying a rock story?