# Prof. Richard Sylla on the Nasdaq's recent 15-year high

1 Faculty News March 3, 2015 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://www.wsj.com/articles/nasdaq-parties-like-its-2000-but-more-sedately-1425342982) -- "'I don’t see the lunacy I saw in the dot-com bubble,' said financial historian [Richard Sylla](http://www.stern.nyu.edu/faculty/bio/richard-sylla) of New York University’s Stern School of Business. 'Computer clicks are still important in our lives, but we don’t use the number of clicks to decide how promising a company is, as people did then. Investors are much more circumspect about thinking, is this thing really going to pay off?'"

[Read more](http://www.wsj.com/articles/nasdaq-parties-like-its-2000-but-more-sedately-1425342982)