Investor AM: Dot-com execs bemoan market

A year after the Nasdaq hit 5,000, dot-com execs find themselves in a conundrum. They can't live with the stock market and they can't live without it.

The Nasdaq crash from 5,000 to nearly 2,000 has created a lot of angst among the Internet's top execs. The stock market has become a burden as investors bail on their companies' shares. It was great last year when irrational exuberance made Internet execs paper millionaires. Now falling stock prices overshadow the still obvious fundamentals of the Internet. These execs acknowledge investors were irrational on the way up, but bemoan how they are irrational on the way down. Full story. --Larry Dignan, ZDII