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Wall Street calls them "concept stocks," and they have had a bad year.
These are what Wall Street calls "concept stocks," and they have had a very bad year.
Despite the frenzy, some of the concept stocks have remained good investments, at least for the people who bought early.
Now, some of the non-Internet concept stocks have fallen so far that they may actually be ripe for a second look, Mr. Pearlman said.
Exceptions to this rule tend to involve "concept" stocks, those that hold great promise but that take an extremely long time to succeed.
"Cheerios are made by a company that produces real cash flow," she said, "while the Internet stocks were concept stocks that were popular in the market but didn't produce real returns to most investors".
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"Frankly, Oracle has become a concept stock," said Andrew C. Brosseau, an analyst with S.G.
Back in 1989, Philip Carret, a well-known money manager who died in 1998 at the age of 101, was quoted in "The New Money Masters," a book by John Train, as describing Flow as "a concept stock" that looked promising.
Another overhyped concept stock in a bull market?
Is there some flaky concept stock that you would like to sell short?
While I bought the fertilizer plays Potash and Mosaic, I had missed the biggest "feed the world" concept stock.
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