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The Guardian - UK
The Guardian - UK
Technology
Neil McIntosh

The day(s) the bubble finally vanished

The Mercury News reflects that, on Monday, the Nasdaq finally dipped to below 1996 levels, and "wiped out all the wealth it had created during the tech bubble of the late 1990." Yesterday, the FTSE did the same. Of course, not all the wealth has been wiped out: there are more than a few analysts, brokers and dot.com entrepreneurs who wisely, or luckily, ignored their own advice and cashed out when the bubble was fully inflated. The rest of us get to continue to worry into the uncertain future about our pension funds...

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