Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Alejandro who wrote (9846)	12/29/1998 9:36:00 AM
From: Malcolm Grover	Respond to of 12468

There are no guarantees about anything in today's market. The dynamics have changed. There will be more volatility, but we are in the process of setting new paradigms. Currently, the "internet" is still vastly underestimated, by a majority of investors, in what role it will play in all our lives within the next five years. Once the major problem of bandwidth is solved for cost effective implementation ....well...."you ain't seen nothin' yet!" IMO, the other huge factor in the market today are the "baby boomers." They have come to the realization that retirement is just around the corner and "I don't have enough." The only place they can make the kind of money that is needed is through investing in the market. Yes, volatility will rule for the forseeable future, but in the long run we will see 10,000 - 15,000 in the DOW and 3,000 to 4,000 in the NASDAQ!

To: Alejandro who wrote (9846)	12/29/1998 11:33:00 AM
From: DreamWeaver	Read Replies (1) \| Respond to of 12468

Ali, The "tulip bulb" story, along with many other "boom then bust" stories (one I remember well was a group selling customers a value proposition that was so secert that it could not be revealed to the customer -- kind of like "just send me money, and keep sending it until I tell you to stop", -- is contained in a softback entitled "A Random Walk Down Wall Street" by Burton Malkiel. Which ironies or ironies I bought from Amazon.com !!! Re: My Gates problem: I'm sure that Bernard could pick up from across the room that this is an apples to oranges situation. And to really do a fair analysis one must turn Gate's $150 per sec. earnings into post tax dollars... So, my kids and I perform numerous samples X=5, and figured that it would take ol' Bill on the average of 8.5 sec. to pick the bill up and stick it back in his pocket. Now check my math but: $150/sec. times a 65% tax rate equals $97 in post tax earnings. Assuming the 8.5 sec. pick-up scenarion that still equates to a breakeven level up to and including $828.75 on the ground. This all is also assuming that the money on the ground was Bill's to begin with ! Regards, Must go make some money of my own. DW

To: Alejandro who wrote (9846)	12/29/1998 4:40:00 PM
From: Pigboy	Read Replies (1) \| Respond to of 12468

OT << 'tulip bulbs' >> Mike Murphy, the often bad tech stock picker but wise techtrend talker, had a good name for this mania. I believe he called the mess the 'tulip.com' craze. ;-) Tulip.com will come crashing, but calling oneself a chicken for not shorting one of those suckers (ie.ebay) would be a misnomer. I call it wise. These things are more unpredictable than that attack rabbit at the end of Holy Grail. Who knows when they will slow down. Will that 400 target imposed on Amazon be the beginning? I mean, what is the difference anymore between 2 and 11 billion in market cap to people buying these things? babbling, robert