At the height of the dot-com revolution, Amazon.com founder and Chief Executive Jeffrey P. Bezos was named Time magazine's 1999 person of the year -- at about the same point his company's stock hit a split-adjusted record high of $113 a share. For Bezos and Netrepreneurs everywhere, it seemed like the sky was the limit.
Then came the Internet bust, the wave of dot-com bankruptcies, the questions about the future of cyberspace as a sales medium, and a nadir for Amazon in the aftermath of September 11, when its shares fell as low as $6.
