.com - .bomb!

During the internets and world-wide webs rise, it went through fazes where things were going amazing for companies to times when companies were doing horrible. There were 5 phases of the internet to get to where it is now. The first stage was “an innocent beginning”. In this stage companies like IBM and CompuServ were starting up. Also, in this stage Al Gore invested in the information super highway. As of 1993 the WWW and HTTP have been around for a few years and companies like Microsoft are profiting. 1995 marks the start of the second phase, “boom”. During the boom phase things like Netscape, Yahoo, Amazon, and Spry came into the scene and were doing very well for themselves. The internet was a booming market with many new careers being created ever day. The next phase is “insanity”. It’s called insanity because the internet was still booming but companies that are doing exceptionally well start buying other companies. AOL bought CompuServ, Yahoo got Broadcast.com for 5.7 billion, and while all this is happening more and more companies like Info space are going public. There was so much going on with the internet at that time it was very hectic. After insanity however, came “bust”. Many companies like Marchfirst, Pets.com, DrKoop.com and Freezone go bust. The stock market takes a hard downturn with all this as you could imagine. Many companies go bankrupt in 2001 like exodus communications. Finally, the last phase is “the slow crawl back”, which is where the internet works its way back up after having such a strong start then falling off drastically.