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To: H James Morris who wrote (30868)12/22/1998 10:49:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
> Please tell us what was similar to this speculation.

The only US equity to ever approach the internut bubble would have to be RCA back in the 20's when it approached 800 bucks a share. However, you could buy it a year after its peak for 3 dollars a share.

And RCA had patents on nearly everything to do with radio! And it was ONE STOCK. The current internut rally is like having 30 RCA's.

Today's internet companies don't have patents on anything at all. The underlying fundamentals of the net were developed and paid for by the US government, and as such can never be patented.



To: H James Morris who wrote (30868)12/22/1998 11:31:00 AM
From: Devil's Advocate  Read Replies (1) | Respond to of 164684
 
I meant we have seen speculation before. I was thinking of the 20s.