Word: dotcom
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Dates: during 2000-2009
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...have an empty nest now, so what's me? They seem to feel the need to have somebody help them through the process." Kimberly Fulcher, who ran a software company in California's Silicon Valley, was lucky enough to have an early midlife crisis - at 28 - before the dotcom crash, and sold the business while it was still valuable. She trained as a life coach and built a clientele of women she coaches by phone for a monthly fee of $500 to $1,000. Hoping to find an efficient way to reach women with fewer disposable dollars, she launched...
...There's a swagger among miners from Mount Isa to Perth, and it's largely thanks to China. Last year, exports to the country soared: nickel by 88%, coal 72%, copper 35%. No longer do miners feel outdated and outsmarted by the dotcom people. China's growing metal consumption is pushing up prices across the board, giving companies the upside they need to commit to exploration and mining projects. Comalco, owned by Rio Tinto, recently commissioned an alumina refinery at Gladstone in central Queensland, the first plant of its kind to be built in the world for 20 years...
What's the bottom line? Wireless companies like Jamdat and Infospace are getting panting attention from venture capitalists convinced that cell-phone services are their newest gold mine. Wall Street has started to grill every consumer company about its wireless strategy. But this hypefest isn't quite like the dotcom delusion. "This started with a business model," notes Disney's Shapiro. "We're being prudent...
...things get so bad so fast? "The problem with a stock like this is that it attracts fanatics," says Brian Ruttenbur, an analyst at Morgan Keegan. Enthusiasts, says Ruttenbur, treated Taser like a dotcom, sending its price soaring, even though the company posted just $4.4 million in earnings in 2003. The company's rapid growth--some 10% of the nation's 1.1 million officers now have a stun gun--led investors to hope that soon every police officer would get a Taser, just as most carry batons and pepper spray...
...online advertising revenues have taken off. Google, the biggest search engine, booked a 118% increase in total 2004 revenue, to $3.2 billion, and Yahoo! has kept pace, jumping 120% to $3.57 billion (thanks in part to acquisitions of Inktomi and Overture). Semel's turnaround story: the once money-losing dotcom has become a thriving real-world business, with 399 million unique users this January and some $840 million in profit last year...