In July, the NASDAQ index continued to fall, and the Wall Street Journal broke the news that Hollywood tycoon Aaron Anderson had liquidated his holdings in tech stocks such as America Online, Yahoo, Cisco, Lucent, and Dell during the first half of the year.
Afterward, Aaron accepted an interview with Newsweek in Los Angeles, expressing his concerns about the United States tech bubble:
He said that he believed Warren Buffett's view of the tech bubble was very correct and that he strongly agreed with it, calling for "the market to gradually return to rationality!"
At this point, the market also began reassessing tech stocks. The share prices of tech companies with poor profitability and unclear business models were swiftly hit hard;
Internet companies that relied on hype and lacked actual performance to back them up were the first to suffer!
"Ha, it's finally starting," Aaron said at Dawn Pictures Headquarters in Burbank, Los Angeles, as if he could already see the share prices of those internet companies plunging.
At the same time, Universal's epic war blockbuster Gladiator, directed by Ridley Scott and starring Russell Crowe, premiered;
The film, which had cost $103 million to produce and another $28 million to market, opened to $35 million over its first three-day weekend.
Every newspaper gave its own review. Though opinions varied, its grand war scenes and epic tragic story left audiences wanting more!
The Hollywood Reporter: "Gladiator is an immortal film, visually thrilling, technically astonishing, and emotionally captivating."
The Arizona Republic: "This new film features spectacular fighting amid dazzling settings, a familiar story of honor and betrayal, courage and cowardice. It is the perfect vehicle for the old-fashioned fun of clashing swords!"
Premiere: "Overall, there is a nostalgic pleasure in seeing another film about gladiators. All the computer animation technology is amazing,