From the Econonist.com comes this newstory about the building bubble in Internet stocks.
"Why? Investors with more dollars than sense are desperate to find something promising juicy returns. Google is too new to have burned buyers in the last dotcom downturn. And it has a plausible tale to tell. To hear the techie analysts sell it, prospects for online sales and advertising, especially the sort of paid keyword-search business that Google has perfected, are virtually limitless."
Bulls get rich, bears get rich: Pigs get slaughtered. Or so the old broker's saying goes. A conundrum to be sure.
-- Ali Massoud