Internet Bubble, The
Perkins, Anthony B.,Perkins, Michael C.
Language: English
Published by HarperBus, 1999
- Hardcover
- Used
Seller: HPB-Emerald, Dallas, TX, U.S.A.HPB-Emerald
AbeBooks seller since September 15, 2017
Condition: Used - Very good
£ 6.05
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Add to basketItem description from seller
Seller Inventory # S_481261920
- Title
- Internet Bubble, The
- Author
- Perkins, Anthony B.,Perkins, Michael C.
- Publisher
- HarperBus
- Publication year
- 1999
- Condition
- Very Good
- Binding
- hardcover
- Language
- English
- ISBN 10
- 0066640008
- ISBN 13
- 9780066640006
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.
"Synopsis" may belong to another edition of this title.
Review
The book includes an overview of the biggest players in the Internet explosion, the market mania for Internet stocks and profiles of companies such as Amazon, Yahoo! and At Home. The authors also interview venture capitalists who help new companies get off the ground and the investment bankers who help them go public. And while they don't pretend that they know when the Internet bubble will burst, or what the damage will be, they are convinced that most .com companies will never make a dime. The book concludes with some thoughts about investing in this climate, and argues that ignoring the Internet may be as dangerous to your portfolio as investing too much. Some guidelines about product cycles and diversification appear, but the biggest rule seems to be: Don't be the one holding the hot potato at the end of the game. --Lou Schuler, Amazon.com
"About the title" may belong to another edition of this title.
HPB-Emerald
Dallas, TX, U.S.A.
AbeBooks seller since September 15, 2017
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