integer on Sun, 28 May 2000 17:06:03 +0200 (CEST)


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[Nettime-bold] (no subject)







 From an email exchange between Netochka Nezvanova + __...


        >  he != matchez ur m9nd akt!v!t!.

        I never give up, unless it becomes unbearable
        for me

        ted byfield is an unbearable correspondent
        for instance



 From an email exchange between Netochka Nezvanova + stalder@fis.utoronto.ca


        >>>The vaguaries of Internet Democracy:
        >>>
        >>>According to the German weekly _Der Spiegel_ [1],
        >>
        >>= !nd!kat!v ov Der Spiegel ab!l!t! 2 mob!l!sz 01 modl c!t!zn
        >>ent!tld Felix Stalder b! h!z parentz non +?
        >>
        >>= feel free 2 korekt m! !f u feel !t


        Felix Stalder <stalder@fis.utoronto.ca>

        >???


        o.dear. thank u.
        perm!t zom 1 2 zm!le.
        = 4m!dabl. 

        bLp.ofel!a.






 Felix Stalder <stalder@fis.utoronto.ca> - korporat zerf = t!pd

>[[From an email exchange between David Mandl, Dough Henwood, Ted Byfield,
>David Hudson and myself in preparation of the Tulipomania conference
><http://www.m9ndfukc.org/memocide.neu+improved.genocide/>. Felix]]
>
>
>The following is an excerpt from Herb Greenberg's column on TheStreet.com
>yesterday. I've seen several letters like this on that site alone in the
>past few days. Not to make light of this poor guy's suffering, but I was
>wondering when we'd start seeing stories like this. I'm sure there are many
>more. Sad.
>
>-----------------------------------------
>
>Which brings us to some guy named Martin, who posted: "I'm writing with a
>heavy heart and tears in my eyes. I have worked hard all of my life, always
>trying to do the right thing for my family, friends and the world in
>general. I have never taken advantage of another person in any way. I have
>scrimped and saved over the years as I did not have the luxury of a company
>pension or retirement plan. When I became aware of CYBR and the EHC, I did
>voluminous amounts of research and only after I was totally convinced, I
>started buying. I admit that I probably got caught up in all of the good
>repartee being bantered about the boards and violated some of my own basic
>rules of investing, but I really believed and in fact, still do.
>
>"I have literally lost everything I have worked for my entire lifetime. A
>woman whose husband bought into CYBR on my recommendation called me this
>morning in tears as she thinks her husband is going to kill himself, as he
>did what I have done. We are both 62 years old and cannot recover from
>this. I called their son and told him to get over there. This is one of the
>most decent human beings you could ever hope to know. His life is ruined
>now. They are both sick and have less chance than I do of recovering from
>this. ...
>
>"I did make a giant mistake by buying on margin. I have had to liquidate
>shares several times for margin calls and thought that the nightmare was
>finally over. Then this week happened. I am now so far in the hole that
>even if I liquidate totally, I still owe! Now that's incredible and shows
>the dangers of margin. I have until tomorrow and I don't know what to do,
>other than hope for a miracle."
>
>
>        ------][------
>
>>The following is an excerpt from Herb Greenberg's column on >TheStreet.com
>>yesterday. I've seen several letters like this on that >site alone in the
>>past few days. Not to make light of this poor guy's >suffering, but I was
>>wondering when we'd start seeing stories like >this. I'm sure there are
>>many more. Sad.
>
>It is sad, but you've got to wonder what people were thinking when they
>bought these turkeys. Well one thing they were thinking is: 30% annual
>returns! The Next Microsoft! Sure there were, are, and always will be a lot
>of carnival barkers hawking crappy stocks, but the buyers are often not
>wholly innocent, except maybe in retrospect.
>
>My friend Gregg Wirth, who used to cover stock scams for TheStreet.com,
>interviewed lots of people who fell for pump & dump schemes. He asked them
>why they bought the financial equivalent of vaporware. They repeatedly
>said, "Because the broker said they were going to triple!" Sorry to be so
>hard-hearted, but at least some people should know better.
>
>
>        ------][------
>
>
>Totally agree, Doug, and I think most people on this list are aware of my
>"fuck 'em all" attitude to New Economy greedbags. I'd be lying if I said I
>wasn't looking forward to this Big Correction. And I agree that lots of
>people who were drooling over 300%-returns-at-any-cost will now try to
>rewrite history and portray themselves as wittle innocents.



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