Pg 1 of 7 >> Brattitude Adjustment (Flashback to 2000 and the eve of the "dot.com implosion")

Wired ^ | September 2000 | Warren St. John

[SamAdams76]

NOTE: This WIRED article is from September 2000 when the high-flying Razorfish was only just beginning to fall from grace. Once selling at $40 a share, the stock is now worth just pennies (21 cents per share at the closing bell today) and Razorfish is desperately seeking a "reverse split" that would keep them (or rather delay them) from being de-listed from NASDAQ.

[SamAdams76]

This article pretty much sums up the "Dot.com" era.

[Joee]

Pretty much sounds like all my investments. Wonder if I could do better on the pony's?

[mlibertarianj]

Remember when at the height of the dot.com era, there was a new,form of psycological problem, called "affluenza", the guilt of having too much money, from the dot.com bonanza. I remember Rush, going ballistic about it. I was doing the same basically. I remember one guy saying he was happier, living in a dank, dark studio apartment, than living in some fancy condo. I wonder how he is doing now?

[Criminal Number 18F]

Sam, you cracked me up with this.

d.o.l.

Criminal Number 18F -- member of the .mil generation...

[Alberta's Child]

During the dot-com era, there was an even more serious form of a psychological problem called "financial idiocy." I heard it manifested a few times in callers to a financial talk-radio show who insisted to the host that from that day forward a company's earnings would no longer be a factor in its stock price.

"You heard it right there, folks," the host said (and you could almost see him shaking his head), "and you wonder why I am advising all of my listeners to cash out of this dot-com nonsense right now?"

[Billy_bob_bob]

I was telling everyone I knew to sell their tech stocks in August of 2000. That's when I got out, when the writing on the wall became ever so apparent.

[Ken H]

Probably went bust and is living in a cheap studio apartment, thinking about how much he misses his fancy condo and wishing he weren't such an idiot.

[Enlightiator]

Very entertaining history review of the Dotcom lunacy Sam, thanks for the post. By the way, theres a bit of irony here - whats Wired stock worth these days, 14 cents? Is it traded over the drug store counter now? lol....