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Here Are Six Myths That Drove The Boom in Technology Stocks (2000)

1 点作者 kklisura超过 4 年前

2 条评论

kklisura超过 4 年前
Non paywalled text version: <a href="http:&#x2F;&#x2F;people.stern.nyu.edu&#x2F;adamodar&#x2F;New_Home_Page&#x2F;articles&#x2F;sixmyths.htm" rel="nofollow">http:&#x2F;&#x2F;people.stern.nyu.edu&#x2F;adamodar&#x2F;New_Home_Page&#x2F;articles&#x2F;...</a>
wainstead超过 4 年前
It’s behind the paywall, but my local library lets patrons access the WSJ through a service called ProQuest.<p>Excerpt:<p>There&#x27;s just about no limit to the earnings, sales and productivity gains technology companies can generate.<p>Tech companies aren&#x27;t subject to ordinary economic forces, such as interest rates.<p>A tech company&#x27;s prospects are more important than its earnings.<p>These were some of the guiding principles that millions of investors embraced as they created the historic surge in tech stocks that started in late 1998. The hottest stocks were pioneers of the young Internet. But they weren&#x27;t the only highfliers buoyed by a widespread faith that a new set of rules applied to tech stocks.