Word: coms
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Dates: during 2000-2009
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...roll out elsewhere in the West. The company won't say where, but the Bay Area seems a soft touch in the wake of Webvan. The British firm Tesco, whose two-year-old delivery website is already breaking even in Britain, just took a 35% stake in GroceryWorks. com and will supply the in-store technology...
...wake of the dot-com bubble-burst, in which it became apparent that most of those instant-celebrity analysts - and the Internet stocks they blessed with hundred-dollar price targets - had been full of hot air, Wall Street found itself staring down the barrel of congressional scrutiny and decided to polish its own image...
...comes out of analysts' mouths - especially the digestible version that most of us deal with - is drivel anyway. Like the ratings system - "Sell" ratings make up less than 2% of all ratings, with ratings like "hold," "neutral," or "market perform" standing in for the s-word. And the dot-com bust routinely saw stocks fall as much as 90% from their high before analysts removed their "buy" ratings...
...even is a problem. Whose idea was it to start trusting Wall Street in the first place? Transparency of a company's books are essential to a fair and efficient market, but the credibility of soundbite-dishing analysts is not. During the dot-com gold rush, a lot of investors bet a lot of money on analysts whose opinions turned out to be rubbish. Now we're in the head-shaking phase, where everyone's gotten wise and the hidden-agenda company analysts of the late '90s are down in financial history with snake-oil salesmen. Should anyone have been...
...know how society decides what things cost. I have no idea why dvd players are so cheap and house paint costs so much. Salt used to be worth a lot of money. So did Amazon. com. It all has to do with an invisible hand, which sounds like something I was pretty sure I was going to get away with when I went to see a movie with Jackie Tudor in eighth grade but actually explains capitalism. My failure with Jackie is best explained by the foolish choice of Beverly Hills Cop II instead of Dirty Dancing...