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FN370995
  • Posted 18 Jun 2011 23:10
  • By mrfixit
  • joined 11 Dec'08 - 1,434 messages
  • New York, 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.

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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.