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 Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?


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To: Jorj X Mckie who wrote (364)12/30/1998 2:59:00 PM
From: FUZFO of 3543
 
Wednesday December 30, 2:22 pm Eastern Time
FOCUS - Stocks of some
Internet-related firms fall
biz.yahoo.com 
"Amazon.Com has seen a low of $24.875 this year and a high of $361.875, enabling those who were early buyers of the online bookseller to have enormous profits.
A trader who did not want to be identified theorized that investors who want to put off paying taxes on their profits for another year will be selling in earnest next week. He said the new year has the
potential to begin on a very sour note for Wall Street should the selloff in in the Internet stocks pick up
speed, as many believe it will, and should it spread to the general market."
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