Professional Documents
Culture Documents
Dji Yang Seminar Dot-Com
Dji Yang Seminar Dot-Com
Dji Yang Seminar Dot-Com
Acct 461-01
Assignment: Dot-com
1. Exhibit 4
DoubleCkick was acquired by a private company in 2005 and then in 2007 Google acquire DoubleClick
for $3.1 billion.
3. The Nasdaq reached at an all time high of 5,132 and closed at 5,048 on March 10, 2000. After the dot
com bubble, the index lost half of its value by December 29, 2000 and closed at 2,470. The index was at
his lowest in October 9, 2002 and closed at 1114. From there, it gradually went back up very slowly to
close at 2,825 in November 6, 2007, the highest mark in 5 years. It stayed steady for just couple months
until it started going down again by the beginning of the year 2008. ( 1/31/2008 closed at 2,389). In
September 29, 2008, the index lost 200 points to close at 1,983 ( 9/26/09=2183-1983=199) This was the
biggest lost since the dot com bubble. But in October 13, 2008, it gains another 200 mark to close at
1,844. From there, it stays between 1,800 and 1,999 until September 4, 2009 when the index finally
closed above the 2,000 level. It would take the index until February 18, 2011 to close at 2,833, the
highest closing since November 2007.
4. Comparing to the DJIA, it close at all time high of 11,722 in January 14, 2000 just two months before
the NASDAQ. In March 16, 2000 similarly to NASDAQ, this index had its largest dollar gain in history.
It raised 500 to close at 10,630. In September 17, 2001, it had the largest dollar loss in history. It falls
684 points to close a 8,920. Contrary, the NASDAQ index did not lose any points at that date. In
October 9, 2002, the DJIA falls 215 point to close at 7,286 just like the Nasdaq which is due to the dot
com bubble. In October 9, 2007, it closed above 14,000 since the 14,100 closing five years ago just like
NASDAQ. The DJI and NASDAQ are pretty much alike in terms of significant historical data.