The document discusses the dot-com bubble of the late 1990s. It describes how a rise in internet usage led to the founding of hundreds of dot-com companies and speculative investing. The bubble peaked in 2000 and then burst as many companies failed or went bankrupt due to unrealistic business plans and a decline in IT spending. While some internet companies survived, the bubble collapsed the valuations of many others and caused massive losses in the stock market. The document also considers whether a "Bubble 2.0" may be forming around Web 2.0 and social media companies.

1. Mohamed Ragab Mostafa Mazen DOT-COM CRASH

5. Market Data Variable Type of Stocks Mean Median Market Value of Equity (million USD) Internet 4,495 1,323 Non-internet 5,111 599 Stock Price (USD) Internet 65.96 46.38 Non-internet 33.97 22.00 Median Daily Volume Internet 78,558 16,419 Non-internet 24,988 2,321 Median Shares-Turnover Internet 1.48% 1.25% Non-internet 0.78% 0.34% Average Daily Return Internet 0.67% 0.60% Non-internet 0.19% 0.05%

6. REASONS BEHIND THE GROWTH OF THE BUBBLE

7. Retailer-Dominated Market (Source: Ofek & Richardson) Institutional Holdings Type of Stocks Mean Median Internet Stocks 31.33% 25.92%

12. CAUSES OF THE COLLAPSE

14. Lockup Period Expiration

18. The Crash