Wednesday, February 6, 2019
The Dot.Com Bubble Phenomenon: The rise and fall of the first e-stock
When the internet first made an appearance in the business world, outside of government and military use, the bound dot.com was introduced. The technical term .com is defined as a postfix used to describe a company that uses the internet as a primary or hardly marketplace for transfer of goods and services. It was being used as a suffix to the several existing web addresses. It altogether took a few months for .com websites to engender the dominant form of business transaction (Simpson & Simons, 1998). The phenomenon behind this story lies in the rapid rise and fall of the dot.com companies and the players, events, and mindsets that accompanied the bubble boom and intermit (Simpson & Simons, 1998).In 1995 Netscape was one of the first dot.com businesses to enter the NASDAQ Stock Exchange, an automated commute which has, since the Dot.com power struggle, become associated primarily with technology shares. At that time the NASDAQ was soundless not considered a technology exchang e and Netscape entered the exchange. In 2000 the NASDAQ 100 complicated index peaked at 5,132 points at more than 500% from its first level in 1995. America was in the grip of dot.com hysteria and anybody with precise more than an idea could launch a web-based company and become report card millionaires almost overnight. It is important to note that the NASDAQ 100 Composite Index only started out at 100 points (Morrison & White, 2000).The overall mentality of the business burn down of investors dramatically changed from investing through business models and principles to a gold mickle (Senn, 2000) similar to the way things occur before the stock market closes today. many a(prenominal) people believed that the new economy businesses would become the blue-chips of the future. It is note-wor... ...orrison, M., & White, C. (August, 2000). Super.Com An analysis of message strategies apply in super bowl ads for dot.Com companies. Paper presented at the Association for pedagogy i n Journalism and Mass Communication, Phoenix, AZ.Mougayar, W. (1998, November 2). E-commerce? E-business? Who e-cares? Computerworld Parker, R. P., & Grove, C. B. (2000, July). Census bureau moves ahead on measuring e-business. Business Economics, 35, 63-65.Senn, J. A. (2000). Electronic commerce Beyond the dot com boom. guinea pig Tax Journal, 53(3), 373-383.Simpson, G. R., & Simons, J. (1998, October 8). The dotted line A little Internet firm got a big monopoly. The Wall Street Journal, pp. A1.White, C., & Scheb, J. (2000). The impact of media message virtually the Internet Internet anxiety as a factor in the adoption process in the U.S. New Media and Society, 2(2), 181-194.