After the Gold Rush

The 1999-2000 Nasdaq bubble

StrikingItRich.com would seem to epitomize the Nasdaq bubble: a get-rich quick book for get-rich quick times. How are the 23 stars looking in the dark of Winter 2000/1? Most don't seem to have publicly traded stocks (yet? ever?), as they vary from seeming one-person or mom & pop companies, to more corporate undertakings.

One thing I like about the book (before I've read it!) is that its website (linked above) has updates on its subjects. I didn't really check to see how timely the updates were, but good support for a book.

Weirton Steel has a chart, and their stock looks bubbly enough, with the top at +300% or +500%, depending on where you set the reference.

Product Partners (EPD) was the only one I found with a rational-looking stock chart.

The Knot (KNOT) started at the peak, unfortunately for anyone who invested. Nearly a straight slide from $15 to less than $1 this year. I visited their site when my niece and her fiancé registered there. I don't recall finding anything useful, other than links to other stores that couldn't really do much for me online, either.

iPrint (IPRT) is the same sort of story, except it had a brief upside into the $20s.

FragranceNet (FRGN) went ballistic maybe before the book came out, in mid-99, then slid back down to $.50.

The Expert Marketplace's URL sends me to ProSavvy, instead, with no clues as to whether they acquired the other firm, changed their name, what. Same CEO, though, I guess just a name change. Looks like this one is still private.

Well, I still mean to read Jaclyn Easton's book, it probably has some interesting and useful stuff in it. The nice thing about having waited this long (aside from buying it for $4 at a library sale, rather than any major portion of its $24.95 list price, or even the $15 paperback's), is that there doesn't seem to be any hurry.

Tom von Alten      tva_∂t_fortboise_⋅_org

http://www.anybrowser.org/

Thursday, 08-Mar-2001 20:43:26 MST
http://www.fortboise.org/aftergoldrush.html