The DotCom Crash Revisited

March 11, 2000 was the day when NASDAQ touched its peak of 5048.62; and then followed the crash. Guardian covers series of the events:



“When 1999 came along it was a wonderful time when everything seemed possible - and you couldn’t not do something,” he says.




“The intoxicating smell in the air was that of dotcom money being made left and right,” agrees Tristan Louis, a developer who worked at Boo.com’s London office. “Those of us that had been in the business for a while were worried about it being a bubble. But we worried for so long - in internet time - that by 1999, the worry turned to concern that maybe we were among the ones who didn’t “get it”, who didn’t really understand the power of the net.



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Using blockquote now.

source: The DotCom Crash Revisited

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