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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 (433)1/1/1999 12:43:00 AM
From: M.R. Davis  Read Replies (1) | Respond to of 3543
 
Mr Auric Goldfinger's thread I believe.

Just want to let you know that Mr Goldfinger recently arrived at the IFLY thread on SI with nasty insinuations of potential criminal activities by the directors of IFLY. He claims he had read the prospectus. We know he is short IFLY.
Is this how you aim to crash the Internet stocks?

If Auric Goldfinger had really read the prospectus he would have understood that IFLY is not an Internet stock. On every call to management Jerry Sendrow, the CFO, would say "We want you to understand we are not an Internet stock. We are a telephone sales ticketing agency which is going to enhance it's core business by expanding onto the Internet". This was a source of immense frustration to IFLY longs who dearly wanted IFLY management to go the rah-rah Internet route.

Many Internet companies have been trying to support their stock price through endless feeble news releases. IFLY has been renowned for a dirth of news releases. Longs have been begging management just for any sort of update on the wires regarding the website.

Sorry Auric and others you shorted the wrong company here.
Read the business plan. Every single move of IFLY's is based on increasing revenues AND profits quarter on quarter.

If the depth of your DD Auric is to flip through the prospectus to scan for dirt on the directors.... what can I say? Let's hope the New Year brings some changes for you. Perhaps a strand of moral fibre might grow. We can hope.

Good night all. Happy New Year!

Mark

PS
Sorry I don't usually post this aggresively but this guy is nasty.



To: Sir Auric Goldfinger who wrote (433)1/1/1999 12:59:00 AM
From: larry  Read Replies (1) | Respond to of 3543
 
I think that you should raise the award to 10-20 k, maybe even 50 k. This is an interesting contest and the winner sure deserves more than 5 k.

Anyway, lots of good posts and nice ideas backed up with solid data. Maybe it will be even better that some internut bulls will join the debate so that we can hear the argument from both sides.

To me, I believe that 99 will be one of the most interesting year in the history of stock market. Internut sector will either make it or blow it. Either the internut sector revolutionizes the valuation of the whole stock market and the DOW shoots up to 11 k, issues like MSFT, DELL, CSCO, LU demanding 100-150 trailing PE because they are dirty cheap compared with intenuts, or people return to traditional valuation model and the market retreats and the DOW ends the year with negative growth.

larry!



To: Sir Auric Goldfinger who wrote (433)1/1/1999 11:14:00 PM
From: MJ  Read Replies (1) | Respond to of 3543
 
Auric Goldfinger

I am always amazed when rules get modified in the " middle of contests".

The extension to 8 trading sessions certainly changes the whole perspective of your contest. Because of the change in time periods for measurement of the 40%, some people will have entered under the old rules and some will have entered under the new rules.

The mental analysis for why and when etc. for 5 days is not necessarily the same as for 8 days. Five days is much narrower in scope than eight days----an 8 day period will elicit a different analytical response.

Happy 1999.

mj