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January 7, 2004

All Business: Investors catch nanotech fever

  • Their exuberance is just like it was with biotech shares in the 1980s and Internet stocks a few years back.
  • By RACHEL BECK
    AP Business Writer

    NEW YORK -- Investors are once again jumping into stocks they think will be linked to the next big thing.

    The rage on Wall Street right now is for anything with ties to nanotechnology and Voice over Internet Protocol. Even though many of these companies aren't profitable and they have little proven track record, big money is pouring into their shares.


     
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