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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (34387)	5/23/1999 1:05:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116767

<<Internet stocks Hutch People vote with their dollars on the returns. Increase shares outstanding, and most of the internet settle down to more realistic values.>> They've started down(& IMHO ain't there yet). Why do you think there has been a coupon pass each day the major Internets have traded greatly lower? Why did the system need all that added liquidity? I thought this stuff was "constructive distruction". Would it not be "constructive" if people could lose as big on the Internet issues as some gold bugs have on the miners? How about if 10000 folks who bet the house on YHOO at 244 got a margin call? How about if those that were short 10k M. tonnes of gold got a margin call with gold at $600? (And if I got to buy their 1 year old used Porsche for $3500) Would these things also be "constructive distruction"? Symbol Name Last Trade 52-week Range YHOO YAHOO INC May 21 151 5/16 24 3/4 - 244 EBAY EBAY INC May 21 190 15/32 8 3/8 - 234 AMZN AMAZON COM May 21 128 9/16 161 1/4 - 221 1/4