CLIP 3 of 4. A FRONTLINE classic from 1997. The Motley Fool, Dave & Tom Gardner, the Iomega Zip Drive meteoric rise and fall, and Jim Cramer comments, among others.
Tags: 1997, Betting, Clip, Frontline., historic, Market, perspective., stunning
Betting Systems, Betting on Profit
December 22nd, 2011 at 2:11 pm
1:39 I remember the Iomega stock bust. I lost a lot of money on those crap shit zip-drives.
December 22nd, 2011 at 2:18 pm
“its supposed to double by august” she doesn’t even know what its called or what it is. I don’t know what people would have said or thought about this in 1997 but i would have said bitch wtf are you thinking!!
December 22nd, 2011 at 2:36 pm
did he say, “we don’t see much change in the next 25yrs.”–lol than his brother implies buying msft and holding it would reap huge returns. Well gardner brothers what has stocks like msft done in the last 10yrs–LMAO, u guys are FOOLS
December 22nd, 2011 at 2:52 pm
AS AN INVESTMENT PROFESSIONAL WHEN I HEARD THE LADY 100% IN 2 STOCKS, I WANTED TO SLAP HER. DO NOT EVER DO THAT!!!!!!!!!!!!!!!!!!!!
December 22nd, 2011 at 3:22 pm
when policemen and computer programmers start making 30-50% a year in stocks you know its high time to get out with yours. Bubble bout to burst.
December 22nd, 2011 at 3:54 pm
I dont hate cause those money will eventually come to me
December 22nd, 2011 at 4:36 pm
gotta love those call letters
December 22nd, 2011 at 5:34 pm
Maybe if the the one guy didn’t have four kids, and the couple at the end didn’t have three, they wouldn’t have to be so concerned about their financial future…..
December 22nd, 2011 at 6:24 pm
thank u for putting these videos up my friend
December 22nd, 2011 at 7:01 pm
People are just greedy . the couple being interviewed at the last are ridiculous ..
December 22nd, 2011 at 7:08 pm
AMLN? That’s a dog with fleas!
December 22nd, 2011 at 7:51 pm
The stock she put all her money in AMLN got crushed to almost 0 about 2 years after she bought. I wonder if she sold for a big loss (probably….fear takes over when you see your life savings getting wiped out) only to see it go to $50 several years later!
December 22nd, 2011 at 7:57 pm
Just no.
December 22nd, 2011 at 8:27 pm
thanks good film- dated- but actually works out very well to get a little more understanding of 90’s economics and the ascent of mutual funds and our now widely publicized derivatives market.
December 22nd, 2011 at 9:00 pm
bubble-economics at its best!!