1. Bankruptcy impact on public co
... amount of companies that went bankrupted had gone up from 176 in year 2000 to 251 in the year 2001. Most of the bankruptcy filings were done by telecom and dot-com firms because lots of them had such a high burn rate and low revenue that they just couldn't sustain themselves. The only thing that was going for them was the ... hype on the dot-coms. Once people realized that these companies were nothing except for some inflated stock prices, people began to lose confidence and pulled out their investments which had caused the inter ... ...
- Word Count: 1270
- Approx Pages: 5
- Grade Level: High School