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To: stsimon who wrote (51194)4/18/1999 6:40:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 164684
 
Sure. The speculators who are making huge sums know this already but own one other key fact. In the past, these speculations based on emerging industries such as the semiconductor, oil and rail, gold and land booms went on for DECADES not months. This August is the 4 year anniversary of NSCP's ipo. This speculative frenzy will die, but it will take longer than most think.



To: stsimon who wrote (51194)4/18/1999 9:48:00 PM
From: H James Morris  Respond to of 164684
 
>> The inets are in the grip of a speculative frenzy.<<
Actually the Inets index was down just over 10% for the week. It was only Williams core inet holdings that were up 200%.:-))



To: stsimon who wrote (51194)4/19/1999 10:57:00 AM
From: John Donahoe  Read Replies (1) | Respond to of 164684
 
RE: All the longs have made money and believe it is different this time. It isn't. Enjoy while it lasts. In the long run earnings matter.

Have you ever considered the possibility that it really is different this time?

You're in a new era using old knowledge.IMO

There was a time that intelligent informed people "knew" the earth was flat.