Just read an article The Bubble Burst! according to which today was the day 7 years ago when the beginning of the end began! Yes folks, this day 7 years back, was the last time the dot-com saw heady highs. After that, it was all downhill which saw many people suffer big losses! Some lucky ones made a fortune and got out unharmed, but those who held on to their stocks dearly are regretting it till this day!
7 years hence, most companies have recovered from the dot-com burst. One of the few remaining companies was Sun Microsystems, and going by recent developments and the rise in stock price (investor confidence?), it also seems to be on the recovery path!!
Of course, today we have Google, which has changed the rules of the game and is considered one of the few serious challenges for M$ !! And there is a lot of stuff open sourced (Sun being at the forefront) and available for free! And Bangalore is now supposed to be the place where the boom is! The question I have pondered over for sometime now is whether we will see another burst - this time in the Silicon Valley of India? Will not dwell much into that one for the time being, since as they say - make hay while the sun shines ;-)
-uv.
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