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Sunday, July 19, 2009

INTERNET IS DEAD - DO YOU AGREE - Columnist and portfolio manager James Altucher explains to Simon Constable why Google, Facebook and other internet plays are dead from an investment standpoint. Plus what stocks are hot in the rest of the economy.

Internet advantages, internet uses cannot be ignored. History of internet shows that the growth comes naturally to internet but you've to agree with James Altucher that you don't feel excited on Internet anymore.

You know that you use internet as utility and nothing else. No big companies has shown any potential. People go to a website perform a service and run away. What's the growth potential not 1000% at least as in the times of ' .com ' boom

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