Daily Market Blog: The nerds of NASDAQ. This time it actually is different.
"Of the top ten, there are only three that are still in the red, one that barely breaks even, one company that did not exist and was therefore not listed, one other company that was not listed. It might be difficult for many to stomach, this time and at this juncture with newer technology that is really profitable (whisper - they even pay dividends) it really is different."
To market, to market to buy a fat pig. The big story last evening was the nerds of NASDAQ hitting a 15 year high. 15 years ago there was no Facebook. 15 years ago Google was in its infancy and not even there to invest in. Tencent, Alibaba, forget it! LinkedIn and Twitter, no ways. 15 years ago it was Microsoft, Intel and Cisco, Oracle, heck Nortel had a market cap of one quarter of a billion Dollars, it is now bankrupt. Lucent imploded. AOL was huge, remember that little line in which they told you that you have mail? I can see that you are getting all starry eyed thinking of your Pentium 386, your dial up modem noises and Netscape 4.1 browser.