The Dot-Com Fallout
0The darlings of Wall Street until March of this year, dot-com companies have fallen on hard times, with countless Internet businesses going belly-up or seeing their market value plummet. What do you think of the struggles of the New Economy?
“You mean I can no longer expect to enjoy a grossly overinflated market cap for my unprofitable, $200-million-in-debt Internet start-up? That's not fair!”
Larry Barnett –
Entrepreneur“Oh, no! I could cyberlose e-millions of virtual dollars and end up in thepoorhouse.com!”
Lisa Spizer –
Day Trader“Dot-com is so 1999. I'm putting all my money into dot-org stocks.”
Bill Vander Heyden –
Roofer“I met my wife on the Internet, and she's been going way down in value lately.”
Ted Singerle –
Systems Analyst“So maybe enthusiasm for the commercial viability of the Internet is waning. But I defy you to find a better medium in which to have tea with Hello Kitty.”
Irene Rudden –
Caterer“Looks like yet another megatrend has come and gone without affecting me in any way whatsoever.”
Ned Huang –
Dishwasher
