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Same game, different names. Here's Jim Cramer in 2000. "You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fu
by bitcartel 14y ago
Same game, different names. Here's Jim Cramer in 2000.
"You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fund is buying today to try to make money tomorrow and the next day and the next? You want my top 10 stocks for who is going to make it in the New World? You know what? I am going to give them to you. Right here. Right now.
OK. Here goes. Write them down -- no handouts here!: 724 Solutions (SVNX), Ariba (ARBA), Digital Island (ISLD), Exodus (EXDS), InfoSpace.com (INSP), Inktomi (INKT), Mercury Interactive (MERQ), Sonera (SNRA), VeriSign (VRSN) and Veritas Software (VRTS)."
http://www.thestreet.com/story/891820/the-winners-of-the-new-world.html http://www.thestreet.com/story/891820/the-winners-of-the-new...
- Robin_Message 14y agoMy goodness. I thought "they can't all have done too badly" – if one did well it'll balance out. I was wrong. All of them appear to be bust except VeriSign, who are massively down on the peak valuations they had in 2000. It's weird, it looks like a sensible linear growth except someone has scribbled over 2000 and 2001. If you had bought it in the bubble, you have lost a ton of money, even now, even though they've done well since.