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"If you think about it, the dot com bubble never burst." the NASDAQ went from over 5000 to under 2000. how can this be characterized as anything other than a b
by raffaelc 15y ago
"If you think about it, the dot com bubble never burst."
the NASDAQ went from over 5000 to under 2000. how can this be characterized as anything other than a bubble bursting?
- n_coats 15y agoYou're right, market values dramatically declined.. but you have to include other variables such as 9/11. The market was its worst in 2002 and one would have to think that without the repercussions on the market from 9/11, things wouldn't have been nearly as bad. The market went on to rebound and soar very high for the next 5 or so years and then our current situation began. Case and point, the dot.com era experienced a decline in product life cycle growth as it transitioned from its growth to maturity stage (and of course, the events that took place on September 11th didn't help either).