Question
A. In general, the British Internet boom mirrored what had happened on the other side of the Atlantic a year or two earlier.
B. Lastminute.com shared all of these attributes.
C. This was a replay of events twelve months previously, when the US market witnesses Priceline.com issuing stock on the NASDAQ and ending its first day as a public company worth almost 10 bn $.
D. In March 2000, for example, Lastminute.com, the most widely-hyped of all British companies, issued stock on the London Stock Exchange and achieved a valuation, albeit fleetingly, of more than 800 mn $.
E. Priceline.com allowed airlines and hotels to unload their spare capacity cheaply online; it made heavy losses; and Morgan Stanley, a leading Wall Street investment bank, marketed its shares to the public.
F. The principal difference between the British bubble and the American bubble was one of scale
B. Lastminute.com shared all of these attributes.
C. This was a replay of events twelve months previously, when the US market witnesses Priceline.com issuing stock on the NASDAQ and ending its first day as a public company worth almost 10 bn $.
D. In March 2000, for example, Lastminute.com, the most widely-hyped of all British companies, issued stock on the London Stock Exchange and achieved a valuation, albeit fleetingly, of more than 800 mn $.
E. Priceline.com allowed airlines and hotels to unload their spare capacity cheaply online; it made heavy losses; and Morgan Stanley, a leading Wall Street investment bank, marketed its shares to the public.
F. The principal difference between the British bubble and the American bubble was one of scale
Answer: Option C
:
C
The first sentence describes an observation. Out of the options provided, sentence D presents an example of a company in London issuing stock and is the next sentence. Sentence C comments introduce an analogy with an American company which went through the same "sequence of events”. Sentence E then goes on to describe the fate of Priceline and sentence B mentions how these attributes were shared with Lastminute.com. Sentence F qualifies the comment made in the first sentence by highlighting a difference between the two bubbles. This makes option (c) correct
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:
C
The first sentence describes an observation. Out of the options provided, sentence D presents an example of a company in London issuing stock and is the next sentence. Sentence C comments introduce an analogy with an American company which went through the same "sequence of events”. Sentence E then goes on to describe the fate of Priceline and sentence B mentions how these attributes were shared with Lastminute.com. Sentence F qualifies the comment made in the first sentence by highlighting a difference between the two bubbles. This makes option (c) correct
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