Remembering the Dot Com Bubble

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Remembering the Dot Com Bubble

08-17-2010, 08:36 PM

MTI

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Join Date: Nov 2002

Location: Scottsdale, Arizona

Posts: 10,626

Remembering the Dot Com Bubble

Lycos, the Timex of Dot Coms, Keeps On Ticking

In 2000, it was bought by a Spanish telecom for . . . wait for it . . $12.5 Billion stock swap. They sold it in 2004 for the firesale price of $95M.

Today it was sold by it's Korean owners to an Indian company for $36M

For you kids . . . Lycos was a web portal company like AOL.

Last edited by MTI; 08-18-2010 at 10:37 AM.

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