Internet Stocks

Paper Summary:

One of the fastest growing fields in the American economy, and the one in which there is an intense personal interest in joining upon graduation, is the field of helping Internet Companies go public. This is a field that is expected to grow to some $60 billion by the end of this century, a growth that is unheralded in business history.

From the Paper:

"MANAGERIAL ECONOMICS
One of the fastest growing fields in the American economy, and the one in which there is an intense personal interest in joining upon graduation, is the field of helping Internet Companies go public. This is a field that is expected to grow to some $60 billion by the end of this century, a growth that is unheralded in business history. It is a field, however, that is changing so rapidly that it is often hard to determine which economic indicators reflect the actual trends of the field. For instance, there has seldom been an industry where companies that have yet to make a profit (and that even state they might not be profitable for five more years) can and do float sizable IPOs that sell for many times unrealized earnings. However, there are certain macroeconomic indicators that merit watching and they ..."

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