Re: The bubble is nigh!
Mon, 7 Jun 1999 08:24:08 -0700

>Just remember this prospectus from the days of the South Sea Bubble:
>"A Company Chartered to Undertake an Enterprise of Great Advantage,
>Yet No One To Know What It Is."

For some time, the San Jose Mercury News has been running a small display ad
from "Virtual Wall Street, Inc.", which looks more-or-less like this (I should
get a scanner some day):

Scam or Bubble? You decide!

Initial Public Offering
Internet Company
1,000,000 Shares Common Stock
Virtual Wall Street, Inc.TM
Price $5.00 per Share

Virtual Wall Street, a California corporation, was formed to take advantage of the evolution of finance and business on the World-Wide Web. Virtual Wall Street is offering its shares directly to the public. Copies of the Offering Circular may be obtained only in those states in which sale of the shares has been registered or qualified. A copy of the Offering Circular may be obtained by calling 888-344-9377 or visiting

This is neither an offer to sell nor a solicitation to buy any of these securities. The offering is made only by the Offering Circular.

-- David Singer