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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bearshark who wrote (34280)11/24/1998 9:20:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
bearshark: : I think you are underestimating human imagination.

Allow me to clarify my statement...The "internuts" are indeed a manic phenomena, nothing more and nothing less...I was speaking about valuations and should have stated so!

I have believed for years, the Internet will change much of the way we live our lives and impact many traditional businesses, heck it already has. I just believe that there is "danger" in the way "internuts" IPO's are reacted to in today's Market.

Companies use to have to prove themselves, at least a little, before a successful IPO would be possible. Now just add “DotCom” on the end of the Company name and one is almost assured of a pot full of capital! This cannot be good in the long run!

With everybody's dog investing via a home PC through the Internet, the "new era" (manic) investing is here to stay, unless someone (SEC/IRS) changes the rules.

Now don't get me wrong, I got down off my "high horse" this year and began to ride the manic elevator up AND down. So far so good! It IS a day traders dream...<g>

Of course, someone has to be loosing money, right?

I think the automobile is more closely linked to an individual's body and the internet is more closely linked to the individual's spirit.

LOL...I don't even know what to say to that...<g>

Regards,
LG



To: bearshark who wrote (34280)11/24/1998 9:20:00 AM
From: donald sew  Read Replies (3) | Respond to of 94695
 
Bearshark,

The internets are the most explosive I have ever seen. Since I was from the trading industry, I am aware that the trading companies when they were in their infancy several hundred years ago, also went through explosive manic growth, and could have been as strong, or stronger as what the internets are now going through now. They also did not last long before selling off dramatically, I believe it was about a year or so - wished I had the exact data.

When you mention human imagination, I try to put myself back in those days of the European trading companies, exploring parts of the world which no one from EUROPE ever knew of. Ships coming back with cargoes full of riches which few could imagine even existed at the time. That was also a great time for the human imagination.

I believe that there is always a limit. After the internets - they will come up with automobiles running on salt water, or as in the movie "BACK TO THE FUTURE", automobiles running on banana peals/garbage. Then that will be the craze. Then comes the colonization of other planets, as the new craze. Just kidding.

The crazes will end with transformation into reality.

Sorry for the philosophical view.

Seeya



To: bearshark who wrote (34280)11/24/1998 7:10:00 PM
From: Vitas  Read Replies (2) | Respond to of 94695
 
>>> I think you are underestimating human imagination. I am looking at the internet as more of an instant communication process. This thing is in its very early infancy. My vision of it is enhanced communication and all that goes with it.

I think the automobile is more closely linked to an individual's body and the internet is more closely linked to the individual's spirit.<<<

Just the fact that it allows and fosters instant communication throughout the world will open everyone's spirits to unforseen
global possibilities.

Vitas