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dot-com bubble
(redirected from Dotcom bubble)

   Also found in: Wikipedia 0.01 sec.
dot-com bubble
Refers to the late 1990s during which countless Internet companies were riding an enormous wave of enthusiasm that pushed their stock valuations into the stratosphere even though they never made a penny. Billions in venture capital were given to entrepreneurs with little or no experience to fund ideas that were ludicrous. It was a crazy time, and people were very excited. With all of the nonsense, many dot-coms did survive, and countless concepts and techniques were developed that continue today. Compared to other industries, one must keep in mind that the Internet is still in its infancy! See dot-com and New Economy.


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Onyx was formerly owned by American firm Pacific Gateway Exchange before its collapse as the dotcom bubble burst in 2000, which prompted a management buy-out by Mr Stephenson and two of his fellow directors.
The heavy fall put the share index in sight of the all-time low of 3287 in March 2003, after the dotcom bubble burst.
The number of companies going under in 2009 could be the highest since the dotcom bubble burst in 2002, according to BDO Stoy Hayward's latest forecast.
 
 
 
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