Word: com
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Dates: during 2000-2009
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...Robin S. Lee’s “Postcard from San Francisco: The New New Economy” (Opinion, Aug. 10). I moved to San Francisco a year ago—probably the worst time to come here in recent years. No one knew that the dot-com bubble was about to burst, so workers were still flocking here to grab a piece of the pie, and landlords had a field day charging exorbitant rents for ordinary apartments...
...Condemning Internet entrepreneurs for launching too many businesses too quickly is like criticizing a thirsty guy for drinking too much water. It was promiscuous VCs, after all, who were throwing money at anything with a dot-com in its name. When I last checked, it was the business types who were supposed to make sure the companies they invested in had sound business plans. And it was the analysts who were supposed to figure out what could make money and what couldn...
...American Consumer, in continuing to go where Mr. and Mrs. CEO fear to tread - namely, the marketplace - have kept the economy?s pulse going since January and will likely have to keep it up for the rest of the year if we?re to avoid paying for the dot-com boom with a bona fide recession...
...That bit of dot-com nostalgia, however, pales in comparison to last week?s dose, in which JDS Uniphase, highest-flying of the tech-infrastructure high-flyers, reported that it had lost about $50 billion in Q2. As the NYT editorial page was stirred to note Sunday, that "may be the biggest loss in corporate history...
...already neck-deep in Asian equities, the best advice is to stay where you are. Pulling your money out in panic can only mean losing more. Better to wait for the markets to recover, unless you have absolutely no faith in a company's fundamentals?or there is a ".com" in its name. If you're feeling adventurous, this might actually be a good time to buy. Most of Asia's stock markets are trading close to their five-year lows in terms of price-to-earning ratios...