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To: garyhope

I haven’t forgotten the year 2000. Nasdaq started tanking big time in the spring of 2000 (I remember the day it was down 500 points, 10% in one day, but then did rebound quite a bit, but that was the beginning of the end for the bubble). It was the summer of 2000 when big tech companies started to announce they would miss earnings estimates.

Bill clinton was interviewed on cnbc a few months before he was due to leave office and talked about how much growth was expected the following year, he was challenged about the estimates he gave, but he refused to acknowledge he was painting a much rosier picture than many were projecting.


4 posted on 04/01/2008 9:21:38 PM PDT by psjones (u)
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To: psjones

April 2000 to be exact...lost a lot of money that month.


47 posted on 04/02/2008 5:54:29 AM PDT by Obadiah
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