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Source: WSJ interactive
Great piece in today’s WSJ comparing the Nasdaq today versus 12 years ago:
“In November 1999, the technology world was ablaze with an investment frenzy that favored unprofitable, unproven companies that were valued for their potential “clicks” and “eyeballs.”
Now, the biggest 100 Nasdaq-listed companies look a lot more like their more sedate counterparts on the Dow Jones Industrial Average.”
Keep reading Nasdaq 3000: 2012 vs 1999 | The Big Picture.
Source:
A Coming of Age for Nasdaq
Tech-Heavy Index’s Solid Profits, Sane Valuations Differ From Bubble Era
By JONATHAN CHENG
WSJ, March 11, 2012
