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10 Years Ago: IT Circa June 2000
MarchFirst Opens New Facility
In an enclave of McLean, Va., just outside Washington, MarchFirst opened its HostOne Center, which provided application-management and monitoring services.
MarchFirst was to also offer new service level agreements covering server, network and application performance.
The company, run by CEO Robert Bernard (left), was the result of the much ballyhooed merger of USWeb and Whittman-Hart, and quickly unraveled. Only four months later, the firm was in dire straits, with stock price diving 60 percent on October 24. At its peak, the stock traded at $52; by the time of its demise in May 2001, the stock was trading for pennies.