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October 17, 2006

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Hi David,

As in all gold rush, bull runs and herd mentality, humans will find out that all that glitter is not gold. We know about the US$1.6 bil purchase of YouTube. And we thought nobody pays smart money for eyeballs anymore post dot.com. Read the latest Fortune magazine on Google. All the fuzzy-wuzzy terms like "Chaos is Good" is back and practically nobody has any idea how to make profit. I would short Google if it was possible.

Another lesson in the Gold rush is that the guy selling the gold axes and mining equipment made the most money. (if memory serves me right, such a man contributed a lot in building the Stamford University?, Correct me there dave.)

Harold

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