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

Perkins, Anthony B.; Perkins, Michael C.

Hardcover

ISBN 10: 0066640008 ISBN 13: 9780066640006

Verlag: Harperbusiness, 1999

Inhaltsangabe

The spectacular Bull Market in high-tech stocks is the investment story of the decade.

The numbers are astonishing. The Internet boom has created new household names such as Yahoo, Amazon, and America Online -- companies that today command billions in market value. Internet startups like Healtheon and eBay have seen their stocks sky-rocket over 3000 percent since their IPOs, and dozens of other Internet stocks have doubled, tripled, and even quadrupled on their first day of trading.

Here is a market where:

• entrepreneurs like the thirty-something founders of Yahoo and Amazon become global billionaires overnight;

• money-losing startups command market valuations that make the captains of traditional industry cry their hearts out and tremble with competitive fear;

• and venture capitalists and investment bankers cash in big on companies barely out of the cradle.

But individual retail investors -- the outsiders in this turn of the century roulette game -- are left to foot the bill, paying exorbitant prices for stocks that will end up diving off a cliff.

TheInternet Bubble is the story of the turbulent world ofhigh-tech stocks, a place where fortunes aremade and lost in a day. This book uncovers the innerworkingsof an industry that increasingly thrives ongreed and hype. It shows who is really getting rich, and how they use small investors to finance their empires.

Silicon Valley insiders Anthony and Michael Perkins provide a behind-the-scenes look at the forces -- and the people -- stoking the money engine in the technology stock market. They show how the allure of fast-paced innovation and overnight success has driven an ongoing market frenzy around Internetstocks, creating what they call an "Internet Bubble." Most important, the authors show that, when the Bubble inevitably bursts, Main Street -- not Wall Street -- will take the big hit, unless individual investors take steps to protect themselves now.

This is a book that will make every investor in America think twice before chasing the latest "hot" Internet stock.

Über diesen Titel

Reseña del editor

An analysis of the inflated business potential of the Internet, from two computer industry experts, shows how an artificial financial feeding frenzy has developed and offers advice on how to avoid disaster when the bubble bursts. Tour.

Details zur Ausgabe

• Verlag: Harperbusiness
• Erscheinungsdatum: 1999
• Sprache: Englisch
• ISBN 10: 0066640008
• ISBN 13: 9780066640006
• Einband: Tapa dura
• Auflage: 1
• Anzahl der Seiten: 283
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar