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By Jason Stipp | 03-12-2010 12:30 PM

Five Hyped-Up Headlines

Morningstar markets editor Jeremy Glaser unwinds the spin to see which stories are worth their buzz.

Jason Stipp: I'm Jason Stipp for Morningstar and welcome to the most actionable, incisive, interesting and triple-A, super highest quality Friday Five of all time. Joining me, as always, with the Friday Five is Morningstar markets editor, Jeremy Glaser, the most incisive reporter you will likely be hearing in a long time. Jeremy, thanks for joining me.

Jeremy Glaser: You are welcome. I hope I can live up to the hype.

Stipp: As you maybe can tell, it is "hype week" on the Friday Five this week. You have five hyped-up stories you are going to tell us about, so let's do the rundown.

Glaser: We are going to take a look at the tech bubble, Barclays buying a U.S. bank, the McDonald's sales numbers, export numbers, and finally, a quick peek at the most important development of all time on the Internet.

Stipp: Well that sounds exciting. We had an anniversary today on the tech bubble, so let's start there.

Glaser: 10 years ago this week we hit the peak of Nasdaq, the peak of and Webvan and Excite@Home and all of those wonderful names. We are still not even anywhere close to that peak of 2000, even after the run that the Nasdaq has had in the last year.

That was just built on so much hype and so many people thinking that we are in some sort of new industrial revolution that would completely change the way that the world works forever.

I think it shows investors how important valuation is. That the Internet has, in fact, changed the way that we live and work over the last decade, but if you paid too much for it, it is never going to pay off for you in the end.

Stipp: Still working off that hype hangover on the tech bubble.

Glaser: Yeah, I think so.

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