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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 (1317)4/19/1999 11:37:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 3543
 
Auric,

What are your thoughts on the NASDAQ's proposed new trading hours? How will that affect the professional traders and the institutional investors?

KJC



To: Sir Auric Goldfinger who wrote (1317)4/20/1999 5:03:00 AM
From: Mike McFarland  Read Replies (2) | Respond to of 3543
 
Thank goodness biotech plunged...because
now there are screaming bargains to be
found in amongst the wreckage.

Take Regeneron for example--one of the big
biotech bull market IPO's you listed.

Now trading at just half-again times book,
with several clinical trials for misc
neuropathies, and a very interesting lead
--for angiogenesis/anti angio.

Then throw in this...
biz.yahoo.com

REGN should be a $15 stock...and that is just
where it should be trading now! You could also
buy some of these small biotechs for the genuine
ten bagger potential, buy them and forget them
for several years.

But what will probably happen...is the market will
tank, and screaming bargains will become hysterical
bargains.

Oh...I'll be there when the dust from tulipomania
settles--and it wont be to buy any of the internuts.
I haven't been hoarding cash all this time to lap
up somebody else's vomit. I see a plate of cake,
they're putting the icing on right now and giving
it away. May I cut you a piece?

--MM