MANAGERIAL/ECON+BUS/STR CONNECT ACCESS
9th Edition
ISBN: 2810022149537
Author: Baye
Publisher: MCG
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Chapter 13, Problem 14PAA
To determine
To explain: Dot-coms which focus on hits rather than revenues or profits had bad business plans.
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During the early days of the Internet, most dot-coms were driven by revenues rather than profits. A large number were even driven by “hits” to their site rather than revenues. This all changed in early 2000, however, when the prices of unprofitable dot-com stocks plummeted on Wall Street. Most analysts have attributed this to a return to rationality, with investors focusing once again on fundamentals like earnings growth.
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Chapter 13 Solutions
MANAGERIAL/ECON+BUS/STR CONNECT ACCESS
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