Deathwatch
By Feliciano Garcia

(FORTUNE Magazine) – After a brief holiday respite (even the grim reaper needs time off), our deathwatch is back--more gruesome than ever. Twenty-five dot-coms went under in the first month of 2001, including IAM.com, a Website for aspiring models and actors, and FitForAll.com, a fitness e-tailer. If this pace keeps up, we'll top 300 this year. Welcome to the real new millennium!

--Feliciano Garcia