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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (3351)	1/7/2001 1:06:46 AM
From: Razorbak	Read Replies (1) \| Respond to of 3543

"210 Dot-Com Companies Died in 2000" At least 210 Internet companies have shut down since January 2000, nearly 60 percent of them in the fourth quarter, according to a report released Wednesday by Webmergers.com, a San Francisco research firm. About 75 percent of the dot-coms (157 companies) that have closed over the past year targeted a consumer audience. Webmergers also found that at least 40 Internet companies, which had received at least $1.5 billion in funding from public and private investors, closed in December alone. That number was down slightly from the 46 dot-coms that closed their doors in November. Webmergers President Tim Miller explained that a string of failures among online retailers in the weeks ahead of the holiday shopping season accelerated the dot-com shakeout in the final months of the year. “There were pre-Christmas peremptory shutdowns among e-tailers that weren't prepared to face the holiday season,” Miller said. The dot-com implosion also accelerated in recent months as many Internet players ran out of money since Wall Street and venture capitalists have cut off funding to unprofitable web ventures. Miller says the sector faces a breaking point as investors watch carefully to see whether financial margins at many companies start to improve — a sign that they are moving closer to profitability. If margins do go up, the sector could start to stabilize, Miller said. But if they don't, “it could mean we are in for more churn and more turmoil,” he said. abiworld.org

To: RockyBalboa who wrote (3351)	1/7/2001 2:40:53 PM
From: Mad2	Respond to of 3543

Mort Zuckerman editor in cheif of US News cites his quips for the new year in the Jan 8th issue. Here's a few memorable ones; on the economy Some regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. A few see it for what it really is---the strong and willing horse that pulls the whole cart along. on investing The quickest way to double your money in the stock market is to fold it in half and put it back in your pocket. punishment for bigamy Two mothers-in-law on election year 2000 Politicians and diapers have one thing in common: They should both be changed regularly and for the same reason. on the US medical profession Isn't it a bit unnerving that doctors call what they do "practice". Bill Clinton on Hillary Its easier to get forgiveness than permission. mad2