The Nasdaq index weighs 4,000 points, and the market is debating the U.S. stock index bubble

Some of the US-listed internet companies are creating multiples of hundreds of times or even thousands of times, and investors are becoming more willing to bet. Now, with the Nasdaq index weighing at 4,000, the market appears to be more worried about the dotcom bubble, while it is debating the "bubble" of the U.S. stock index.

December 29, 1999, the Nasdaq index for the first time over 4,000 points, followed by an unacceptable bull market. The Internet unit pushed the index up 24.9% per cent in 50 trading days, allowing a 85.6% return for the year to 1999. However, the 50-day carnival culminated on March 10, 2000, when the Nasdaq index was closed to the highest 5048.62 points in history, after which the stock market plunged downward to 1139 points in 2002.

The first 9 months of this year have been a good time for social networking Facebook and other Internet companies that have raised money in the open market in recent years. By the end of September this year, Facebook, the social networking site LinkedIn, the Web site Yelp, the streaming music service, Pandora, and Groupon's share price had doubled from the beginning, with the shares of Yelp and Pandora rising twice-fold. Then, the famous social networking site Twitter rose 73% on the first day, giving the market a climax to the worries about the U.S. internet bubble.

American internet companies are crazy, and Chinese internet companies are not going to be outdone. After 58 with the city and where to go to the United States listing, 500 lottery network and state digital has also been warmly sought after by Wall Street. But from the performance data, where the net in 2012 operating income of only 500 million yuan, profit loss of 91.1 million yuan, and the market value of up to 2.8 billion U.S. dollars.

Bloomberg columnist Kevin recently wrote about the internet bubble. Kevin says the main reason for the sharp rise in internet companies ' share prices this year is that companies are starting to make a profit in the mobile terminal sector. But over the past two months, the share prices of the 5 US companies have started to come back, and the stagnation has plagued the internet companies. Morgan Stanley's previous report has cut the Internet industry's view from "attracting" to "flat with the market". Morgan Stanley said the growth of internet companies must be accelerated to confirm their current valuations.

However, MarketWatch columnist Herbert cites expert opinion that, from the sentiment of investors, internet stocks are hot, but the actual situation is not the same as the early 2000.