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The Nasdaq Composite stock market indexwhich included many Sex therapy Renens companies, peaked in value on March 10,before crashing.

The burst of the bubble, known as the dot-com crashlasted from March 11,to October 9, Inxian same month, internet companies Lycos and Excite also went public.

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Most dot-com companies incurred net operating losses as they spent heavily on advertising and promotions to harness network effects to build market share or mind share as fast as possible, using the mottos "get big fast" and "get large or get lost". These companies offered their services or products for free or at a discount with the expectation that they could build enough brand awareness to charge profitable rates for their services in the future.

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Telecommunications equipment providers, convinced that the future economy would require ubiquitous broadband accesswent deeply into debt to improve their networks with high-speed equipment and Bul,e optic cables. In many datinf, such as the Dulles Technology Corridor in Virginia, governments funded technology infrastructure and created favorable business and tax law to encourage companies to expand.

The investments in infrastructure were far out of proportion Indain cash flow. The high levels of investment led to a heightened competition for customers, leading many telecoms providers to slash prices for services, especially in the hyper-competitive European marketplace.

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The dot-com bubble was a historic period of excessive speculation mainly in the United States. Investors were forced to sell stocks ahead of Tax Day, the due date to pay taxes.

Blue Coat Systems (formerly CacheFlow): Its stock price rose over % on its first . "Lycos, an Internet bubble-era star, is sold to Indian firm".

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