Quote:
Originally Posted by logo
And >10 years for the Nasdaq to recover after 2000.
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Different situation there. Those tech companies were trading at 100 times unknown future earnings or more in cases. There was really no core value anywhere. When the frenzy stopped, companies which survived began to trade on real numbers. The YK2 disaster did not help. People were scared in to making all their foreseeable tech purchases before the century change and after that nobody needed anything for a good while. It took time for that demand/supply imbalance to stabilize enough to give the tech companies some forward looking visibility.