On Thu, 5 Jun 1997, Frank Mcelligott wrote:
> Dear Harry:
>
> You lost ALL when you didn't understand tulips.
I haven't "lost" anything...I'm increasing the stakes. ;)
> Big rise in price, for
> no good reason, went on for a few years, made many people rich, but
> couldn't be sustained forever, when it crashed, from it's own weight,
> people also lost fortunes, 16 century holland was the time frame.
>
The "no good reason" was speculation on the price of tulips.
> Don't worry about Tulip's, harry, just look at the stock market today,
> it will be the new tulip story for the 20th century U.S.A.
Actually, I'm hoping the date software crisis which is expected at
the turn of the century, will create enough of an accounting crisis that
people will throw their hands up in the air and collectively say "What the
heck, Let's all forget about our current financial debts and just start
over! Would somebody please press the game reset button?" :)
Harry Veeder
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