Bubble Signals Mute As Nasdaq Nears Year 2000 Peak

The euphoria of the tech bubble of the late 1990s was a party for the ages, resulting in a giant hangover that, observers say, isn’t being repeated 15 years later. Companies then were spending, spending, spending to build this thing called the Internet, with little regard to the bottom line. Sales of personal computers and not-very-smart cellphones were soaring. People clamored to own tech and Internet stocks, any of them, as the media spouted