Remember Nasdaq 5,000?
In 2000 and 2001, when the Nasdaq, the tech-heavy and internet heavy index flush with all the zooming dot coms, crossed over into the stratosphere beyond 5,000, with Yahoo (when it seemed to better know how to operate), for example, at more than $100 a share, and many other dot.coms along with them. They were propelled by a Viagra-like “future effect,” along with the heady winds of day traders who could log in, then buy and sell a portfolio worth of dot.coms in the span of a few hours. This was a time when the prospects of the internet stocks…