[Banana]

? And does it have anything to do with 9/11?

[Banana]

Bueller? Bueller?

[BIRD33]

Its when those internet start ups from the early 2000's failed like Pets.com.Investors flooded these companies with huge capital but didnt realize people probably arent going to use the internet to buy a leash for their dog.
remember this thing?


9\11 made everyone nervous but I'm not sure that was the sole reason they failed.Stupid business models fail, Disasters or no disasters.

[Banana]

Ok good. One last piece of information required. When did this happen? Roughly ?

[BIRD33]

The "dot-com bubble" (or sometimes the "I.T. bubble") was a speculative bubble covering roughly 1995–2001 (with a climax on March 10, 2000 with the NASDAQ peaking at 5132.52) during which stock markets in Western nations saw their value increase rapidly from growth in the new Internet sector and related fields. The period was marked by the founding (and, in many cases, spectacular failure) of a group of new Internet-based companies commonly referred to as dot-coms. A combination of rapidly increasing stock prices, individual speculation in stocks, and widely available venture capital created an exuberant environment in which many of these businesses dismissed standard business models, focusing on increasing market share at the expense of the bottom line. The bursting of the dot-com bubble marked the beginning of a relatively mild yet rather lengthy early 2000s recession in the developed world

[Banana]

Perfect, thanks.

Banana OUT!