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Internet bubble

   Also found in: Wikipedia 0.17 sec.

Internet bubble

See dot-com bubble.



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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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