Word: netland
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Dates: during 1990-1999
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TROUBLE IN NETLAND...
...world of Internet investing, few things are clear. But here's one: after last week's rout, dot.com stocks are 40% to 60% off their peaks, and investors are finding there is no safety net in Netland. For those with faith and a long investment horizon, discounted prices today are compelling. That's why the bloodbath didn't turn into a bigger catastrophe. Early last Thursday, Net stocks were in free fall and touching their lowest levels of the year. Enough investors suddenly viewed them as bargains so that prices turned...
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