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  • Posted 11 Jun 2011 05:41
  • By AndyPandy
  • joined 26 Oct'07 - 175 messages
  • Staffordshire, WM, United Kingdom

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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.