首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among th
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among th
admin
2010-11-02
60
问题
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among the upper classes. Flowers of such beauty and rarity soon be came symbols of power and prestige and the rich tried their utmost to lay their hands on some to display in their gardens.
By 1634, the whole country was so fascinated by tulips that all other activities almost came to a stop. People were trading in tulips and even buying and selling unsprouted flowers. It was similar to the futures market today, where traders are buying and selling crude oil or cotton which they will never see. As the tulip trades increased, regular markets were set up on the Stock Exchange of Amsterdam and other towns. That happened in the year 1636 when the craze was reaching its peak.
The bubble finally burst in 1637. For some unknown reasons maybe a group of people suddenly realized the madness tulips failed to command the usual inflated prices in a gathering. Word spread and the market crashed. As in all asset bubbles, it took time to propel prices to such extraordinary levels, but it only took a single pierce to burst the bubble. When confidence was destroyed, it could not be recovered and prices kept falling until they were one-tenth of those set during the peak. Soon the nobles became poor and the rich became paupers (贫民). Cries of distress resounded everywhere in Holland.
Why do investment professionals like to bring up this story that happened centuries ago? This is because greed is part of human nature and short memory is an investor trait, we just never seem to learn from past mistakes. Recently, many have pointed to the American investors’ madness over Internet stocks as another "tulip craze". Whether these are really "Internet tulips" remain to be seen. However there are tell-tale signs that the buying is overdone.
There is no denial that the Internet is an important development in this century, but it is madness when every Internet stock jumps in multiples and every company that announces con ducting their business over the net witnesses their stock prices going up. Not to mention that some of these Internet stocks are trading at hundreds times PE (本益比) and some will not report any profit for the next few years!
What does the author think about the age when the price of every Internet stock skyrockets?
选项
答案
It is madness.
解析
题干中的时间状语从句是对原文when every Internet stock jumps in multiples的近义改写,而原文该句中的it is madness就是作者对此的看法,因此it is madness为本题答案。
转载请注明原文地址:https://kaotiyun.com/show/N1s7777K
0
大学英语六级
相关试题推荐
A、Bybarkinginordertoattractpeople’sattention.B、Bypullingthebabytosafety.C、Bycomfortingthebabyuntilhelpcame.
Natural-gasVehiclesKermittheFrogoncesaid,"It’snotthateasybein’green."Althoughhewasn’treferringtocars,his
Directions:Forthispart,youareallowedthirtyminutestowriteacompositiononthetopicHowtoEncouragePeopletoUsePub
Somepeoplebelievethatinternationalsportcreatesgoodwillbetweenthenations,otherssaythatthe【B1】______istrue:inter
Smartfirmscanminimizetheirrisksbyconductingweaknessappraisals,choosingexperiencedsecuritypersonnelandestablishin
Thescientistshaveworkedout______.(一种可以大规模提高农业生产的方法)
______(我决没有想过他会对他的妻子提出诉讼要求离婚),sincehewasamodelhusbandinmymind.
A、Shemetsomeonewhocouldpaythebill.B、Shebilledhernewroommateforthesuit.C、Shehasn’tfoundasuitableroommateyet
A、Shewillplaybasketball.B、ShewillgotoseeLily.C、Shewillgoswimming.D、Shewillplayvolleyball.D行动计划题。男士询问女士是否愿意下午跟他
随机试题
关于Diffie-Hellman算法描述正确的是()
施工企业授权某采购员到乙公司采购钢材,但该采购员用盖有甲施工企业公章的空白合同文本与乙公司订立了购买水泥的合同,则该合同()。
The"standardofliving"ofanycountrymeanstheaverageperson’sshareofthegoodsandserviceswhichthecountryproduces.
开发建设单位申请在某城市中心E进行旧区改造,建设商贸、办公建筑项目。该地段西侧为风貌性建筑,集中成片,并有小游园一处,现已批准公布为“保护近代西式住宅风貌为主的历史街区”的重点保护区。拟改造规划可用地面积约3hm2,为历史街区保护的建设控制地带,其中有几幢
下面各项中,不是《消费者权益保护法》立法目的的是()。
南京地貌特征属宁镇扬丘陵地区,以丘陵为主。()
有个人发现图书馆的那本《大英百科全书》的第21、42、64.65、121、137、138、190页对他有用,便把这几页偷偷地撕下带走了。那他一共撕去了()。
[*]
A、Showtheadd/dropformtoProfessorSmith.B、GoonattendingProfessorSmith’sclass.C、Cometotheregistrationofficewitht
OnefeatureofnewfoundwealthinthedevelopingworldhasbeentheembraceofWesternluxurylabels.Butsincetheglobalecono
最新回复
(
0
)