> >Do you really believe that? As far as I can recall, this recession
> >started when a "mean judge" convicted Microsoft for anti-trust
> >practices. That caused NASDAQ crash that scared people away from
> >investing in tech company stocks.
This is the most warped view-point I have heard...
The NASDAQ crashed when investors finally figured out that all the dot-coms
they had sunk billions into never had *ANY* revenue at all, and no real plan
how to generate it, other than the IPO scam itself.
At a certain point, even Wall Street realizes that there has to be some
reality behind the numbers.
There was no question in my mind there would be a net-recession dot-bomb --
I'm surprised it took that long for the VCs to wise up.
Microsoft's problems had virtually nothing to do with the NASDAQ crash.
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