Enablers, beneficiaries and bursting bubbles

Have last month's falling share prices of internet companies vindicated all the dire warnings of a speculative bubble?

Author: Anja Helk

Most analysts are still bullish on internet stocks. There is much more to the internet boom than the dot coms: the internet is a productivity-enhancing tool, and contributes to economic growth. “The recent share slides have nothing to do with a bursting bubble,” says Peter Misek, senior research analyst at Chase H&Q. “The internet is a real thing. It is going to change the way we live, and no single sector will be unaffected by the net.”

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