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Internet bubble |
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Internet bubbleSee dot-com bubble. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The Internet bubble of the late 1990s certainly busted, but it left behind a technological legacy that has transformed management and the way companies gather, analyze and distribute information, just for a start. During the Internet bubble, it was obvious that the people rushing into day trading were crazy and that the valuations for dot-coms were insane. Shares of MCI, formerly known as WorldCom, rose sharply for a third straight day as investors speculated that the biggest telecom bidding war since the Internet bubble would push the final takeover price beyond what Verizon has agreed to pay. |
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