|
|
|
|
|
|
about Asia Buzz
Asia Buzz: It's A Bubble!
(I want in!)
By ADI IGNATIUS
April 17, 2000
Web posted at 11:30 a.m. Hong Kong time, 10:30 p.m. EDT
It's time for some clear analysis on the meltdown in technology stocks in the United States last week.
It's about time, frankly. Any bozo could have told you that tech shares were way, way overvalued.
(I missed the entire bull run.)
|
|
 ASIA BUZZ
|
Culture on Demand: Scams and Worse Online
Is Net fatigue setting in?
- Saturday,
April 15, 2000
Letter from Japan: It's a Jungle Out There
The local/global Internet binary is never wider than in Japan
- Friday,
April 14, 2000
Asia Buzz: Hot Property
An ex-banker turns a blowtorch on Techpacific.com, and turns heads
- Thursday,
April 13, 2000
Subcontinental Drift: Crooked Cricket
And how the Gentleman's Game can be saved
- Thursday,
April 13, 2000
Asia Buzz: Thought Police
Sex and drugs irk China's cultural mandarins
- Wednesday,
April 12, 2000
Asia Buzz: Cyber Tombs
Paying your respects to the dear departed has just become a whole lot easier
- Tuesday,
April 11, 2000
|
|
|
ALSO IN TIME
|
Market Q&A
Each business evening with analysts around the region
|
|
 ASIAWEEK
|
|
|
Why did everyone fall for the hype, that suddenly there was a New Economy with its own set of rules?
(The ENTIRE bull run. Was I sleep-walking?)
|
INTERACTIVE |
|
Ticked off at Asia Buzz? Turned on? Talk back to
TIME
|
|
And the decline isn't finished. This is a classic bubble, and it hasn't burst yet.
(I'm getting in NOW.)
The price-earnings ratios are still stratospheric--for companies that have any earnings at all, that is.
(Who cares about price-earnings ratios? I want tech stocks!)
The emphasis now is on value: long-term, solid earnings.
(The emphasis is on buying low and selling high--preferably on the same day.)
The joke is on all my friends who quit their jobs to work for dotcoms.
(How come I never got an offer? I'm just as good as these idiots at getting rich quick.)
They're all so "hip" now, with their studied, casual-chic looks.
(I could grow a pony tail.)
And they blow half their salaries on designer coffee.
(Me? I'm a triple-shot, decaf, skinny grande with dust kind of guy.)
So let's toast the return to sanity in the markets.
(Let's sell everything we've got and buy Tom.com.)
Value, value, value.
(Flip, flip, flip.)
Personally I'm proud to be part of the Old Economy.
(Personally, I'm sick of being poor.)
Ticked off at Asia Buzz? Turned on? Talk back to TIME
Write to TIME at mail@web.timeasia.com
TIME Asia home
|
|
LATEST HEADLINES:
|
Click Here for the latest regional analysis from TIME Asia
|
|
|
