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The Boom Is Back: Dot Coms Flying High
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“In this time of extraordinary global turmoil, investors have unsurprisingly flocked to safe havens … Internet stocks Amazon.com (AMZN), eBay (EBAY) and Yahoo! (YHOO). Shares of eBay are up 32.9 percent year-to-date. And it’s the slacker. Amazon.com has surged 47 percent and Yahoo! has soared more than 50 percent. Since the Nasdaq’s Oct. 9 nadir, the three stocks are up an average of 94 percent.”