The internet stock
boom of the late 1990s was based on high long-term expected cash flows, which of course did not occur, but the dot-com investors were long-term oriented.
Shiller is known for his analysis of the Internet stock
bubble and run-up in housing prices prior to the 2008 crash, warning in both cases of the crashes to come.
While causality is difficult to establish in this instance, it is clear that the bursting of the dot-com price bubble occurred immediately after new Internet stock
sales to the public doubled on a monthly basis near the end of 1999.
According to a survey by the Securities Dealers Association of Japan, Internet stock
trading accounts numbered about 6,940,000 as of the end of March this year.
In 1999, he added the weekly Cabot's Internet Stock
of the Week ($297/year).
The investment hype surrounding internet stocks
in general seemed to peak in March 2000, after which internet stock
prices fell despite no significant changes in their underlying fundamentals.
Cassidy's theory is that the Internet stock
boom wasn't just a Ponzi scheme inadvertently created out of exuberance for a remarkable new technology.
Like get-rich-quick real estate schemes and flaky Internet stock
tips, there's a lot of money to be made selling medicinal plants.
every other Internet stock
was worth less than $5 and one of every five was literally a penny a stock.
This site offers the latest regional, national and international news and Internet stock
The Wireless Web Companion Page is a common interface to Sprint PCS' My Wireless Web and other services such as Internet stock
trading or weather reports.
Peapod is quoted on the Nasdaq high-tech and Internet stock
market and on the New York Stock Exchange.