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Dangerous betting on fad and hunch, BUSINESS TIMES
Business Times (Malaysia), March, 2001 by Mustapha Kamil
Business Times (Malaysia) 03-14-2001 FROM an Internet entrepreneur and stock investor's perspective, super spy James Bond was wrong, at least for now. Diamonds aren't forever. A year after some of the world's leading players in the Internet economy graced the front pages of economic news with rosy projections, many of them are now busy overhauling their damaged businesses and indeed pride. Many more have disappeared.
Trailing behind are mauled investors who during the turn of the century were turning the technology stock market, the Nasdaq, into a rival for Las Vegas and New Jersey's Atlantic City. Place your bets! Here's the reality. Sorry, folks, the number on the roulette is zero and the house takes all. A year ago, Yahoo! founder Jerry Yang came on...
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