Dotcoms gone bust

Description

At the height of the dotcom mania, Silicon Alley ran with gold, the "new economy" ruled Wall Street, and business as usual was declared dead. A sequel to The Internet Money Machine, this cautionary program tracks the fortunes of TheGlobe.com and Pseudo.com after the bubble burst; bottom-feeder Overstock.com, which profited from the tech wreck; and DigitalCity.com, which sold out to AOL before the dotcom bomb. What prompted otherwise responsible investors and stock analysts to buy into the visions of the Internet dream merchants? "I think it was a mass delusion," says Deutschebank's Ed Yardeni. "It's the madness of crowds.

Runtime

23 min

Subjects

Genre

Date of Publication

[2006], c2001

Database

Films on Demand

Direct Link