Man oh Man,

It continues to amaze me watching this high wire act. You really do get a deep understanding as to how Tulip bulbs could do what they did.

With one day before rollover who would have ever anticipated that it would go right up to the last day. UFB!!!!!

-- ..D........ (dciinc@aol.com), December 29, 1999

Answers

And I am laughing all the way to the bank. It's good to be intelligent.

-- You Knowwho (debunk@doomeridiots.com), December 29, 1999.

"It's good to be intelligent."

Yes it is. You should try it sometime.

-- Polly Go Home! (anon@don'tlikespam.com), December 29, 1999.

I'm going to laugh at all the greedy herd as they scramble to get through to their brokers when the bubble pops, and the message on the phone is...

"all circuits are busy, please hang up and try your call again"!

(PS.. Hasta la vista "youknowwho", my guess is you will deleted within the next 30 seconds. Quite a team of sysops we got. eh?)

-- Hawk (flyin@high.again), December 29, 1999.

I found the reaction this morning of some of the talking heads on CNBC rather interesting. I sensed that even they had some reservations about the way that Paine Webber analyst calculated his $1000/share call on Qualcomm.

One of the financial shows on local radio was more blunt. The host is a real bull and always has been, but he as much as called the Paine Webber analyst a "tout" and muttered about the SEC having a few questions about this latest action.

There is no real analytical justification for a $1000/share initial coverage. However, having a stock skyrocket (and thus make a whole mess of folks a whole lot of money almost overnight) would more than make up for any possible embarrassment if the stock eventually tanks.

I also heard one of the CNBC guests use the B word (as in "bubble"). He seemed a bit disturbed that, of the three stocks he had discussed in his piece, the one that was moving up even as they spoke was easily the most speculative. His expression was priceless. This was a man who really did not seem comfortable with the conclusions he was drawing about the current state of the market.

-- Mac (snaek@lurk.hid), December 29, 1999.

Are you kiddin? There'll be so many picking up the phone to call their brokers they wont even get dialtone.

-- oh well (@ .), December 29, 1999.