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Oh really, I guess all things relative.
  • Posted 1 Jul 2011 19:20
  • By 7777
  • joined 8 Mar'11 - 649 messages
  • New York, United States

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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.