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>From: lepatron@xxxxxxxxxxxxxxxxxxx
>To: trdoptions@xxxxxxxxxxx
>Subject: David Guyett-All that Glisters / Barclay T. Leib-On 1980 Silver
>and 1990 IPOs, Dell Computer, and the Nasdaq: The Anatomy of Bubbles
>Date: Mon, 19 Jul 1999 20:48:30 -0400
>
>Le Metropole members,
>
>The letter/document to Senator Gramm, Chairman of
>the Senate Banking Committeee, will be posted
>at the Matisse Table tomorrow.
>
>David Guyett from London, England has served
>commentary at the Toulouse-Lautrec Table entitled,
>"All that Glisters". It is an article he wrote for
>BUSINESSAGE, a magazine in London, England
>
>It is rare that a journalist exhibits this degree
>of insight and understanding.
>
>"Whether Murphy's group is ever able to prove that
>the market is a rigged roulette wheel remains to be
>seen. Meanwhile GATA's efforts constitute the only
>truly independent attempt this century to penetrate
>the mysteries of one of the most secretive of all
>financial markets".
>
>At the Kiki Table tonite we have commentary from
>Barclay T. Leib entitled, " On 1980 Silver and 1999
>IPO's, Dell Computer, and the Nasdaq:
>The Anatomy of Bubbles
>
>This is another wonderful read and the title says it all.
>
>"In the words of Charles Mackay, author of the
>famous text Extraordinary Popular Delusions and the
>Madness of Crowds:
>“In reading the history of nations, we find that,
>like individuals, they have their whims and their
>peculiarities; their seasons of excitement and
>recklessness, when they care not what they do. We find
>that whole communities suddenly fix their minds upon
>one object, and go mad in its pursuit; that millions of
>people become simultaneously impressed with one delusion,
>and run after it, till their attention is caught by
>some new folly more captivating than the first.”
>
><A HREF="http://www.lemetropolecafe.com/scripts/products.cfm";>Le Metropole
>Cafe</A>
>
>All the best,
>
>Bill Murphy
>Le Patron
>
>
>
>
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