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Thank you MEngr.
  • Posted 22 Apr 2011 12:16
  • Modified 22 Apr 2011 13:19 by poster
  • By MacMedia
  • joined 22 Apr'11 - 4 messages
  • Arizona, United States

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Fact of the week
The dot-com bubble, a period of large and rapid investments in internet-based companies, peaked in 2000 and saw the Nasdaq Composite index rise by 579%. Then the bubble imploded. As the value of tech stocks plummeted, cash-strapped internet start-ups became worthless and collapsed.