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

To: Mandinga who wrote (345)	12/29/1998 3:59:00 PM
From: KeepItSimple	Respond to of 3543

3. The penny stocks are now all blowing through the roof- every 15 minutes CNBC reports on another tiny stock announcing they are going to have a website and the stock goes up 500%. Even Joe Kernan and Faber are looking like they're getting sick of it. Also, today a penny stock announced that they were an "associate" of amazon. It's stock tripled from 20 cents to 70-80 cents on huge volume. They dont mention that all it takes to become an "associate" of amazon is to put a link to amazon's website on their companies website- about 5 minutes of work, and something that tens of thousands of INDIVIDUALS have already done. (the associate program is where you get a kickback if someone buys a book after visiting your site)