Another Dot-com Boom?
Ryan Hemelaar writes "CNN Money is reporting that the internet might be at a stage of another dot-com boom, with the top tech stocks now gaining ground again after the dot-com crash. From the article: "Now, 10 years after two key events in the history of the Internet -- the successful IPO of Netscape, which many cite as the beginning of Wall Street's love affair with 'Net stocks, and the founding of Yahoo! -- we're in the midst of a new, let's say mini dot-com boom.""
There's no end in sight!
Expect to see the Googlees breakfast cereal on the shelves soon
Blasphemy! How dare you suggest that Google might not be worth nearly EIGHTY BILLION DOLLARS. That's its current market capitalization.
How does that compare to other companies?
Oracle: 64.78 billion
3M: 58.56 billion
American Express: 68.43 billion
Disney: 57.82 billion
General Motors: 19.48 billion
Red Hat: 2.2 billion
Anyone that suggests that a brand new company like Google shouldn't be worth 4x more than General Motors just isn't thinking correctly.
I'm a big tall mofo.
Google should remember to grab as much copper wiring from the walls as possible!
They just want more people to watch their boring Money TV programs.
So true. Apart from the few lucky guys that bailed out at the right time and got rich, the biggest beneficiaries of the boom were the stock porn purveyors pimping round-the-clock information whores.
All they need to do is repackage Fruit Looooooooooops
You better believe Buddha knew how to calculate a P/E ratio. Zen investment is what it's all about.
William of Ockham had no beard. The most likely explanation is that it was chewed off by squirrels every morning.