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To: jrinvestor who wrote (71231)6/7/2001 4:38:32 PM
From: long-gone  Read Replies (2) | Respond to of 116815
 
Dot-com death toll still rising
By Reuters
June 6, 2001, 2:05 p.m. PT
The Internet sector kept hemorrhaging in May, as 54 companies shut down, bringing the total of dot-coms turned dot-bombs to at least 493 since January 2000, according to Webmergers.com, an online marketplace that tracks Internet business activity.

The San Francisco-based online hub for buyers and sellers of Web properties also noted that 55 percent of all dot-com failures--or 269 companies--since January 2000 came in the first five months of this year.

Tim Miller, president of Webmergers.com, told Reuters ...
news.cnet.com