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Companies seriously affectting the dot-com bubble bust of 2000  
IN THE PAST 

Tags: dot com bubble, it bubble, bubble bust, dot com

The "dot-com bubble" (or sometimes the "I.T. bubble") was a speculative bubble covering roughly 1995–2001 (with a climax on March 10th, 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.

	About.com
	Alcatel (France)
	Altavista
	Ameritrade, now TD Ameritrade
	Angelfire, established in 1995, later purchased by Lycos
	AOL
	Amazon
	Beyond.com
	Boo.com, spent $188 million in just six months[12] in an attempt create a global online fashion store. Went bankrupt in May 2000.[13]
	CDNOW, now owned by Amazon.com
	Chemdex
	Cisco Systems, the most prominent network equipment manufacturer at the time
	CMGI
	CNET
	DoubleClick
	eBay
	e.Digital Corporation, (EDIG): OTCBB stock that went from closing price of $2.91 on 12/31/99 to intraday high of $24.50 on 1/24/00. It quicky retraced and has traded below $0.29 since 2006.[14]
	Enron, through EnronOnline
	eToys: share price went from the $80 reached during its IPO in May 1999[15] to less than $1 when it declared bankruptcy in February 2001.[16]
	E*TRADE
	Excite - purchased by the ISP @Home Networks on January 19, 1999 for $6.7 billion and changed the name to Excite@Home Networks
	Exodus Communications
	France Telecom
	Freeinternet.com - Filed for bankruptcy in October 2000, soon after cancelling its IPO. At the time Freeinternet.com was the fifth largest ISP in the US, with 3.2 million users.[17] Famous for its mascot Baby Bob, the company lost $19 million in 1999 on revenues of less than $1 million.[18][19]
	GeoCities, purchased by Yahoo! for $3.57 billion in January 1999
	GovWorks.com - the doomed dot-com featured in the documentary film Startup.com
	Hotmail - founder Sabeer Bhatia sold the company to Microsoft for $400 million;[20] at that time Hotmail had 9 million members.[21]
	i-drive
	Inktomi - stock peaked at $241 a share (split adjusted) in March 2000. The company was sold to Yahoo! in 2002 for $1.63 a share.
	K-tel - In 1998, the company's stock shot from about $3 in April to around $34 in early May but eventually declined to pennies by 1999.
	Internet Capital Group
	InfoSpace - In March 2000 this stock reached a price $1,305 per share,[22] but by April 2001 its price had crashed down to $22 a share.[22]
	Kozmo.com, shut down in April 2001, featured in the documentary film e-Dreams
	Kibu.com, shut down in October 2000
	Lastminute.com whose IPO on the London Stock Exchange was at the peak of the bubble
	The Learning Company, bought by Mattel in 1999 for $3.5 billion, sold for nothing in 2000[citation needed]
	Lycos, founded in 1995, bought by Terra Networks in 2000 for $12.5 billion, then sold to Daum Communications in 2004 for $95 million
	mortgage.com, formerly 1st Mortgage Network spun off Mortgage Systems International (MSI). ABN Amro Mortgage Group purchased the domain, and moved National Lending Center from Ann Arbor Michigan to take over the lease in the "White Elephant" building in Sunrise Florida. ABN Amro Mortgage Group has been since purchased by CitiMortgage Group in March 2007.
	Netscape
	Network Solutions, the key domain name registrar for WWW names at the time
	Nortel Networks, a prominent Canadian company whose shares fell from C$124 to $0.47
	Palm, Inc - the company's shares went from $95.06 in March 1st 2000 to $6.05 in June 2001.
	PayPal, now a subsidiary of eBay
	Pets.com, whose sock puppet mascot has been regarded as an icon in the Dot-com era.
	Priceline.com
	Sun Microsystems, a contributor to Internet technologies; used the corporate slogan "We Put The Dot In Dot Com"
	Telefonica (Spain)
	Thawte, purchased by VeriSign for $575 million in 1999
	theGlobe.com, set a record for one-day share price gain (606%) on its IPO, hitting $97; shares now trade for less than a nickel
	Travelocity
	Tripod.com
	VeriSign, which went from a high of $258.50 in March 2000 to a low of $65.38 in December 2000
	Webvan: This grocery delivery service spent too much on infrastructure (close to $1 billion) before it had even turned a profit. Went bankrupt in 2001.
	WorldCom, at one time controlled a majority of US Internet backbone, through acquisition of UUNet and MCI; acquired by Verizon after financial scandal
	Yahoo!: Went from high of $128 at the peak of bubble to $4 at the end of the bubble

Lister: prozak
Source: wikipedia

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