Poorer but No Wiser, Investors Remain Captivated by Tech

It is one year later, and with the Nasdaq down nearly 60%, it is difficult to recall all the frenzied speculation that led tech stocks ever higher. The checkout-line talk of fortunes made, the daily litany of new highs, the cheerful young analysts and their price targets, the dream of grandeur that we collectively shared -- it's all a fading memory now, tinged here and there with bits of remorse.

Yet for all that has happened, for all the pain and loss and dreams gone south, America remains obsessed with tech.

Eating Humble Tech Pie

Your Portfolio in the Balance: How to Wean Yourself Off Tech

Bubble Math and How to Avoid It Next Time

Lessons From the Folly: Opening the March 10, 2000, Time Capsule

Riding the Rambus Still Too Dear for Some

Learning How to Bottom-Fish, Part 1: Cash Flow

Learning How to Bottom-Fish, Part 2: Buying on the Cheap

A Year Later, Bankers Find the Well Is Dry

Poorer but No Wiser, Investors Remain Captivated by Tech

On the Level: When It Comes to Tech, Think Like the Big Boys and Beware

Technology stocks continue to dominate the financial press, and the idea of buying something nontech remains anathema. While a number of sectors have performed well over the past year, the focus is still on somehow sorting the technology wheat from the technology chaff. A typical recent article in a business magazine gets the headline, "10 Tech Trends to Bet On." On a typical recent day on CNBC, fully half of the stocks recommended by portfolio managers are tech. Every day that sees even a mild rally in tech stocks is seen as confirming that the widely discussed "bottom" has been reached.

Investing Disorders?

...