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To: BGR who wrote (25962)11/13/1998 9:47:00 PM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
>Perhaps after that they will come back to YHOO, AOL and AMZN and bid >up those instead?

The only problem is the small detail involving their complete loss of equity when the bubble collapses.

You can't bid up Scamzon if you just lost 95% of your capital (more, since people tend to go on margin) on AVCO.

And I'm not being facetious about AVCO- it was halted yesterday and it really does appear that it will open down 95% or more, banished back to the land of pink sheet stocks from which it came.

Wait until that happens with theglobe.com, or earthweb, two of the smelliest pieces of s**t I've ever seen come through the IPO pipeline. Just 4 weeks ago Goldman considered theglobe.com completely unviable as an IPO, but they decided to bring it back out roughly 1 second after they saw the endless supply of suckers bid up earthweb.

Just remember, based on the first trade price and closing price, EVERY SINGLE INVESTOR who bought and held theglobe.com has lost money already, in the first day of trading. There were about a million shares traded in the high 90's, those people have already lost 40 percent or so.. In ONE DAY.