
- Start: March 24, 2000
- Open: 1527.46
- End: October 9, 2002. Close: 776.76
- Loss: -49.1%
Key Events:
a. January 10, 2000: Time Warner to purchase American Online for $162 billion
b. April 3, 2000: In the United States vs. Mircrosoft antitrust case, the court orders Microsoft to separate into two units
c. June 2000: British Telecommunications demands licence agreements from 17 US ISPs including America Online
d. September 2000:
a. Apple Computer issues profit warning; shares cut in half
b. Microsoft attempts to appeal antirust ruling
e. November 7, 2000:
a. President Bush wins the general election
b. Intel and Microsoft issue profit warnings
f. February 2001: Iraq Disarmament Crisis
g. 9/11
h. January 9, 2002: The Department of Justice announces it will pursue a criminal investigation of Enron
i. March 1- 19, 2002: Operation Anaconda in Afghanistan
j. June 2002:
a. June 15, 2002: Arthur Anderson convicted of obstruction of justice
b. July 21, 2002: WorldCom files for bankruptcy
c. June 25, 2002: Adelphia files for bankruptcy
k. Is there a conclusive answer?


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