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February 03, 2005

A market of Internet stocks

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Posted by Dominic Basulto

The New York Times asks whether the current Internet bubble is "half empty or half full." Ignoring the mixed metaphor for a second, the article does raise a good point -- some Internet stocks like Google and Yahoo are going gangbusters, while other Internet stocks like eBay and Amazon continue to slide downward. Google's stock, for example, is up 142% in just the past six months while Amazon's stock is down 33% from its mid-2004 highs.

On Wall Street, that's called a "market of stocks," not a "stock market."

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