The "New Economy" stocks of the 1990s,such as the experience of eToys,proved conclusively that old valuation principles do not apply today.

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The experience of eToys and other "New Economy" stocks in the 1990s showed that traditional valuation principles still apply, as many of these companies were overvalued and eventually failed when they did not meet financial expectations.

The "New Economy" Stocks of the 1990s,such as the Experience