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To: Skeet Shipman who wrote (14963)5/26/1999 12:35:00 AM
From: bobby beara  Respond to of 99985
 
Skeet your mincing words here, I believe at there peaks aol, yahoo, and amzn would have been in the top 10 market caps of the Dow.

These are stocks that have paid dividends for decades.

I am just trying to make a point that this mania surpasses that of previous manias and cannot be explained away as just a sideshow, like the biotech mania.

and still people have delusions of buy and holding these pukes and even James Dines who wrote the book "mass psychology" has become a dupe of his own excess.

Yes the internet is the most revolutionary technology, since the gutenberg printing press, but that does not guarantee that these stocks will defy the law of supply and demand.

the reason these stocks have gone up is the supply has been low and the demand high, lots of supply is flooding the market now and tons in the pipeline.

bb