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ELECTRONIC COMMERCE 12 Months When The Dot Turned Into A Dark Period.(A)(DOTBOMB)

Investor's Business Daily

| January 02, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Pete Barlas

Investor's Business Daily

When Scott Bingham joined the marketing department for Egreetings Network Inc. at the end of 1999, he thought he had it made.

The Internet was hot, and the online greeting card company was preparing its initial public offering.

With a new salary and stock options, "I thought I might have enough money for adown payment on a house or car," he said.

Then came the crash.

Egreetings' stock made its debut

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