IP: The Dot-Com crash in capsule -- the fall of MicroStrategy

[David Farber <dave () farber net>]

> http://www.washingtonpost.com/wp-dyn/articles/A2889-2002Jan5.html

First of four articles

There were times, when it was all going right, when Michael Saylor would 
stare out the huge oval windows of his leased Gulfstream jet and fixate on 
the Rocky Mountains passing below him. He would marvel at how he was 
covering more territory in five minutes than the western settlers covered 
by wagon over several months.

This was back in 2000, at the height of the Internet age. In a few Nasdaq 
months, Saylor's newly public firm, MicroStrategy Inc., had gained a stock 
value that exceeded the total worth of his former employer, the venerable 
DuPont Co.,198 years old. In a few Nasdaq seconds, Saylor could amass more 
wealth than his father had in his 30-year Air Force career.

<snip>

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