Best Desciption of the Dot Com Era Ever http://friuch.com/best-desciption-of-the-dot-com-era-ever/comment-page-1#comment-2549 Mark Mawhinney Thu, 16 Jul 2009 16:19:25 +0000 http://friuch.com/wordpress/?p=914#comment-2549 The great thing about this is that it proves the free markets work. Those vaporware companies were purged and only the real businesses (Amazon chief among them) survived and thrived! It also showed us that fear and greed to, indeed, drive the equity markets. If a story is too good to be true (read David Baines' story in yesterday's Vancouver Sun at http://tinyurl.com/n4bxv4) then it probably is! The great thing about this is that it proves the free markets work. Those vaporware companies were purged and only the real businesses (Amazon chief among them) survived and thrived!

It also showed us that fear and greed to, indeed, drive the equity markets. If a story is too good to be true (read David Baines’ story in yesterday’s Vancouver Sun at http://tinyurl.com/n4bxv4) then it probably is!

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