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


To: charger who wrote (1425)4/30/1999 4:47:00 PM
From: Crueldog  Respond to of 3543
 
Internuts as a group have formed a double top. Analyst are talking out of both sides of their mouths. They warn of worsening earnings in the quarters to come, but still spin the future thing. Still no earnings in sight. More and more internuts are coming to market. The market dollar grows thin. Insiders have taken their profits. More shares in the float. Reality approaches. Everyone knows that the next quarter earnings will be terrible. The time grows near.



To: charger who wrote (1425)4/30/1999 4:58:00 PM
From: memflyken2  Read Replies (1) | Respond to of 3543
 
Don't at all disagree with you, charger. Funny thing is (judging by the tomatoes I get thrown at me on these boards), there are many idiot bulls out there who seem to think being bearish on the internuts means denying the validity of the "phenomenon." Obviously, any one with sense can't do that. It's just that the ECONOMICS don't match (yet) with the TECHNOLOGICAL PROSPECTS.

It is that disconnect that we are, frankly, trying to capitalize on. One day we will, no doubt about it; at least those of us who have a shred of liquidity left. And at 50%, things like AOL make a whole lot of sense...

But not the present madness. EBAY can sell beannie babies out the wazoo, but there's no way it is ever, in our lifetimes, a $20 billion company.



To: charger who wrote (1425)5/1/1999 12:03:00 PM
From: Dave Mansfield  Read Replies (2) | Respond to of 3543
 
Problem with your comparing the internet survivors charger with the likes of MSFT/INTL/DELL is that there are some barriers to entry in those industries. There are none in this industry. Companies will come and go, but none will dominate for long such as MSFT/INTL/DELL have in their industry. There will be a good number of survivors in the internet, all making some money and being valued at somewhere between 10% and 20% of where they are now.

Dave