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Technology Stocks : INTERNET MANIA! Day Trading Net Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Tray_Anderson who wrote (1039)	1/29/1999 1:55:00 AM
From: danderso	Read Replies (1) \| Respond to of 1054

hmmm, well, first: Yesterday, however, Greenspan took a different tact and rationalized the seemingly irrational. "There is something else going on here though, which is a fascinating thing to watch," he said. "It is, for want of a better term, the 'lottery' principle. What lottery managers have known for centuries is that you could get somebody to pay for a one-in-a-million shot, more than the value of that chance. In other words, people pay more for a claim on a very big payoff, and that's where the profits from lotteries have always come from." So here is what I propose: I will organize an IPO of a company. I will sell this IPO via the Net. The product of the company will be tickets in its lotteries. The prizes for these lotteries will be stock in soon-to-IPO companies. The first product will be the lottery for the stock of the company itself. This should do extremely well, as not only will we receive the money paid for the shares, we will also receive the money paid by those who took a small chance they will receive the shares, but in fact received no shares. And for the real risk takers we will offer options on our lottery stock. The tentative names for this company are 'A Lot for Nothing', 'Com Job', 'IPO'd But Don't You Get Angry', and 'Taking Stock' If anyone is interested, please PM your credit cards to me - no, actually, to my bank - that will save me time. Remember, this is your Ground Floor Opportunity, a real dream!! Dave