Axacta - 1:46 am on Apr 25, 2002 (gmt 0)

Nevertheless, by far the majority of money lost in the dot-com crash was by investors of large, established companies. Add all the dot-coms you refer to up and they were but a drop in the bucket. Do you really believe the stock market went south simply because the dot-coms went belly-up? Microsoft was far bigger than all of those dot-coms combined. When it nosedived it hit almost every mutual fund in existance, either directly or indirectly, which triggered a selling spree accross the board. The dot-coms were just swept away in the action.