Word: dotcomers
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Dates: during 2000-2009
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...principal. Sit down to interview her, and you get a moment of silence before she answers each question with a disarming smile. You'd never guess that Cantwell, Washington State's Democratic Senate candidate, is an executive on leave from RealNetworks, the Seattle - based Internet giant - and the first dotcom millionaire with a shot at winning major political office...
...DOTCOM DOLDRUMS How many times can one industry boom, then bust? September saw yet another round of layoffs, bankruptcies and general gloom for the Internet industry. Analysts say there were more dotcom layoffs last month than in any month since last December. The NASDAQ plummeted more than 700 points, and websites from MTV.com to OfficeMax slashed their staffs. Even mighty Walmart.com shut its virtual doors to remodel for the holiday rush. The final irony, however, may have come when Dotcomfailures.com a website devoted to bankrupt Internet companies, went out of business. Now that's a downturn...
...owners of the dance-studio building described in your article on rising real estate prices in San Francisco, "When Dotcoms Move In" [NATION, Aug. 28]. It was inaccurate to imply that our company, Pomegranate Design & Development, is just one more of "those well-funded, profit-challenged dotcoms." We are not a dotcom; we have never rented space to a dotcom, and have no plans to do so in the future. MARCI RISEMAN AND EVAN SAGERMAN San Francisco...
WHAT'S IN A NAME? If you thought dotcom marketing insanity reached its peak with the naked guy in those Buy.com ads, think again. IUMA.com the Internet Underground Music Archive, is offering $5,000 cash to any parents willing to give their baby the first name Iuma. So far, no fewer than five babies, including little Iuma Ross, right, of Williamsburg, Pa., have benefited from the campaign. At least they didn't name the kid Yahoo...
WAREHOUSE DEAL Tight availability of industrial space and increasing storage demand (fueled in part by dotcom retailers) are giving a big boost to the industrial REIT sector. It's up 27% year to date, according to the National Association of Real Estate Investment Trusts. Unlike, say, the hotel industry's cycle of boom and bust, industrials tend to offer more stable returns over the long haul while serving as a hedge against inflation...