Do you think there will be another .com website bubble which will burst and many people lose their jobs again?
Posted: Sat May 07, 2011 12:15 am
No, these days, websites like Google, Facebook, Amazon, Craigslist, etc are huge online communities where people can easily use their money via Paypal or debit cards to buy advertising, products, services, and downloadable content like songs.
http://en.wikipedia.org/wiki/Dot-com_bubbleThe period was marked by the founding (and, in many cases, spectacular failure) of a group of new Internet-based companies commonly referred to as dot-coms. Companies were seeing their stock prices shoot up if they simply added an "e-" prefix to their name and/or a ".com" to the end, which one author called "prefix investing".[2]