Here's an interesting article on the bust of the Internet stock bubble

[AndrewR]

Specifically, it focuses on Yahoo to an extent but discusses the market over recent times. Interesting read: Here.

Now I know why Amazon.com is doing poorly -- $2 BILLION in debt?!?!? Geez, Bezos is an idiot. How do they expect to overcome that kind of a burden?

 

[StageLeft]

Paying off $2billion is gonna take a LONG f**king time.

 

[ArkAoss]

maybe, but if they invest a little, say a mill in my company, they can expect profit in the range of trillions in a year or so, i have this idea, that, if i wasnt soo lazy, would redesign computers and the entire WORLD economy forever

 

[fdiskboy]

Yeah, give me AMD or INTEL or CISCO before you think to offer a YAHOO or AMAZON.

 

[Windogg]

Think long term. Hell i want my investments to support my retirement years. Blue chips might be boring but grow at a good steady pace. Who the hell is going to know what Eb@y or Amazon was in 40 years?

Windogg

 

[StageLeft]

Yeah, mutual funds are boring, but basically before I start investing in actual individual stocks I'm going to need to have hundreds/thousands literally sitting around the house. Until then I'll take my 10-14% annual gain and sit pretty with it.

 

[fdiskboy]

Individual stocks are not that difficult to pick.

Choose some that:

A. You understand their business.
B. They make money. (Excludes 99.9% of dot.com stocks)
C. They have some sort of future.
(Obviously we aren't mind-readers but people will most likely get up tomorrow and still
drink Coke)

I love sitting on good individual stocks and watching the returns pile up! Long-term is the only way to go.

My return this year? Oh, it's a respectable 50%.

 

[Windogg]

Saavy investors can clear a lot of money but unfortunatly my college days are over. I remember me and my buddy getting up early to get the early news and trade up a storm. Right now, I'm leaving it up to the professionals.

Windogg

 

[AndrewR]

Actually, from that article, Yahoo is quite healthy fiscally speaking. They have no debt, decent profit, and a large cash reserve. They are just terribly overvalued STILL, which makes their stock unattractive.

Agreed on the long term prospects. I have little faith in intellectual property companies having significant long term potential simply because information changes so quickly that new ideas can completely wipe out the "assets" of an information company. Exxon may be ponderous, but oil reserves retain their value.

 

[fdiskboy]

Well said, Andrew.