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Dot Coms
Essay # 73308
Dot Coms
A look at the dot com boom and bust.
1,125 words (approx. 4.5 pages) |
6 sources |
MLA | 2005
Paper Summary:
This paper discusses why the dot coms boom eventually collapsed and discusses the dotcom phenomenon as a unique part of modern economic history. The paper further discusses why investors abandoned long held principles of economic growth in order to profit quickly from speculation.From the Paper:
"Dazzled by the lure of rising stock prices and a burgeoning new technology, investors abandoned the long-held principles behind economic growth in order to profit from the tidal wave of speculation that accompanied the growth of the Internet. New stock offerings routinely sold at absurd prices and the relationship between stock prices and company earnings was considered outmoded by many business pundits. The dot com feeding frenzy reached its nadir when America..."More papers on Dot Coms:
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APA Citation:
Dot Coms (2012, January 15). Retrieved February 11, 2012, from http://www.academon.com/Essay-Dot-Coms/73308
MLA Citation:
"Dot Coms" 15 January 2012. Web. 11 Feb. 2012. <http://www.academon.com/Essay-Dot-Coms/73308>
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