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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (59)12/22/1998 6:08:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 3543
 
3) January 13, 1999.
Cause: When it is discovered that there is a virus on e-commerce sites that corrupts transactions and subsequently causes mis-billings, mis-shipments, false trade confirmations, missed trades etc....



To: Sir Auric Goldfinger who wrote (59)12/22/1998 6:10:00 PM
From: Don Pueblo  Read Replies (2) | Respond to of 3543
 
Everyone PLEASE read the rules! #reply-6918970



To: Sir Auric Goldfinger who wrote (59)12/22/1998 6:18:00 PM
From: John Arnopp  Read Replies (1) | Respond to of 3543
 
Auric,

Actually, I have to say that your index still has quite a ways to go (up). The combined market cap of those 5 companies is only 119 billion, which is less than each of GE (321 bil.), MSFT (350 bil), and INTC (204 bil), although it's 2.5 times that of lowly GM (48 billion).

#2) Anticipating the insiders selling out of EBAY and triggering the slide of the other stocks, the decline will start January 22, 1999 - a day that will possibly become known as "#000000 Friday" ("#000000" being the HTML code for BLACK) - and the weekend will do nothing to stay the selling. People will shut down servers in despair and delete entire hard drives before calm is finally restored and steel and oil stocks rule the day!