RT Journal Article
SR Electronic
T1 Stock Market Bubbles
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 50
OP 57
DO 10.3905/jwm.2001.320420
VO 4
IS 3
A1 Thomas Bengtsson
A1 Michael J. Seiler
YR 2001
UL https://pm-research.com/content/4/3/50.abstract
AB The authors observe that during the last few years there have been dramatic returns to holding technology/Internet stocks. The purpose of their study is thus to examine if this boom in technology stocks is hurting companies in other industries. Over the period 1977-1999, the results demonstrate that the run-up in technology stocks came at the expense of other sectors as investors pulled money out of otherwise viable investments to ride the technology bubble.