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  • ISBN: 9780066640006
  • ISBN10: 0066640008

The Internet Bubble: Inside the Overvalued World of High-Tech Stocks--And What You Need to Know to Avoid the Coming Shakeout

by Perkins, Anthony B.

  • List Price: $27.00
  • Binding: Hardcover
  • Publisher: HarperCollins Publishers
  • Publish date: 01/01/2000
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Description: Written by two industry insiders, The Internet Bubble, takes a behind-the scenes look at the forces creating the current bubble in the technology stock market and the venture capitalists and money managers funding it. Showing how the allure of fast-paced innovations and overnight successes has driven an ongoing market frenzy around Internet stocks, creating what they call an "Internet" bubble, they make a case for the correlation between contemporary claims of a "new economy" or "long boom" and the over-enthusiastic claims made in 1929, 1968, and 1989. Most importantly, they argue that when the bubble inevitably bursts, Main Street -- not Wall Street -- will take the big hit, unless small investors take steps to protect themselves now.
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