The stock markets are on a bull run again. But remember the dotcom boom

The FTSE 100 is within touching distance of its dizzy 1999 heights. But the years since then remain a cautionary tale Cast your mind back to the end of the last millennium and the dotcom boom. Companies were floating on the stock market left, right and centre, often with very little in the way of sales, let alone profits. It was "a new paradigm", according to Lastminute.com's Martha Lane Fox