QuoteOriginally posted by: twofishQuote It's after the goldrush, just like in 2000 for tech industry.And we all know that the internet and the web was a passing fad that no one makes money from today..... Not.....Several things happened after the dotcom bust including:1. Reality set in - there was no longer a get rich overnight on unrealistic dreams sentiment - that has gone forever.2. The number of people thinking it was a good idea to get into this business dropped, dramatically, so that only those who actually were good at networking technologies stayed.3. Thousands of companies went bust and many lost 90% + of their share valueShine on twofish ! Edit: And $2trillion was wiped off the global economy.You like irrational exuberance (naked greed?) It would be hilarious if it wasn't so pathetic.
Last edited by TraderJoe
on September 14th, 2008, 10:00 pm, edited 1 time in total.