May 1, 2000 Issue
"The dot-com gold rush is over. It was just this moment, this crazy wild moment . . ."
-- James J. Cramer, "Pileup on the Road to El Dorado"
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|FEATURES||Pileup on the Road to El Dorado|
BY JAMES J. CRAMER
So maybe it wasn't Armageddon, but for many new companies (and newly minted millionaires), the April 14 market smackdown spelled the beginning of the end. Suddenly the irresistible dot-com suffix has morphed into a Don't Buy call. Just ask the founder of TheStreet.com.
Think the city is less hooked on Wall Street than in '87? Think again. We're far more dependent, with the Street pulling in 19 percent of city earnings.
At age 22, producer Rodney Jerkins already has four No. 1 singles. Now he's been dispatched to bring Michael Jackson back to the studio.
When He Was Good
Not long ago, Philip Roth seemed to have passed his peak. But at 60, he suddenly began churning out one great novel after another, winning new readers and new respectability. His latest, The Human Stain, is due out in two weeks. Is there a Nobel in his future?
Trouble in Paradise
Sharen Benenson wants to keep Gramercy Park private and tidily pruned. Her nemesis, National Arts Club president O. Aldon James Jr. wants to free the trees -- and open it to the public. This is not your garden-variety feud.
Should Rudy be holding the keys to the city's liquor cabinet?
GOTHAM REAL ESTATE
Personal liability could change the way co-op boards do business
NoLIta,the brand; gold hoopla
The City Politic
If the Liberal Party backs Giuliani, will Gore take a pass?
The real "market event" was a Barron's article that first hit in March
Nicole Farhi's blooming plates
Bathing beauties: The best suits
Sales & Bargains
Cover story: Shopping for slipcovers, premade and custom
Hair today, gone tomorrow
BY PETER RAINER
Remember those great old World War II action movies? U-571 does
Stoppard's The Real Thing brings some brains to Broadway
Things get ugly when Rameau's Platée arrives at City Opera
Frank Gehry's Bilbao vision for the Battery
Arabian Nights: Listen up
Big-flavored, rustic dishes can be found at . . . shhh, it's a secret
For Neil Young, past is prolific