Internet Wasteland

Internet Wasteland

Holy crap. Even At Home (-87.3%), Earthlink (-82.0%), Inktomi (-88.2%), RedHat (-95.5%), Vignette (-82.2%), Walt Disney Internet Group (-85.0%) and Yahoo! (-84.7%) are on this list of 211 companies that have lost 80% or more of their value from their 52 week high.

Good thing I didn't invest in any stocks directly. (Sorry to those who did)

My mutual funds were up big time thanks to SciTech funds earlier this year... that growth is likely gone by now. Good thing I'm diversified.

Written on November 29, 2000