p51d007
Naa-P51d Mustang
join:2002-06-07
Springfield, MO
|  lucky me!
When the dot com firestorm started in the 90's, I kept saying to myself......invest in dot coms? What are dot coms?......a computer server, and a few people......they have no business model, no plan, nothing....But people were throwing money at them hand over foot. Executives at these so called companies (20 somethings like me at the time) were buying yachts, fast cars, stupid crap like statues, paintings mansions etc.....Well, then the investment money bags started saying wait a minute......what are we doing?
The money dried up, and the dot com went dot bust! Thousands are holding worthless stock......Not me, I invested in the old guard that didn't see as big of a run up, but steady growth.....
A man once said.......a fool and his money are soon parted.... |
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Theo42
@attbi.com
| Of course, some dot coms have done great. Many have made a killing since the start of the year.
Ebay - Hugely profitable
Yhoo - Up 200% in the past 8 months
AOL - 40 billion in revenue each year (A media company now rather then a dot com, but they bought TW during the dot com bubble years) Up 50% in the past 5 months.
Amzn - Up 100% in the past 8 months. |
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pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
 ·Comcast
| said by Theo42:
AOL - 40 billion in revenue each year
Now if they could only work on the "losing $100 billion each year" problem they're having 
You know... technicalities and such hehe.
--
Jewel got Britney-fied! There is hope for the world yet! |
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Theo25
@attbi.com
| Actually AOL had nothing but a paper writeoff from buying TW due to the stock market decline. I was glad most got caught up in that statement because I was able to buy the stock at 10 a share, and its now over 16 Paper writeoff is nothing other then newspaper talk.
I'm big on most internet companies, so far I'm making a killing this year! (all thought that just offsets my losses from 2001). |
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