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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (467764)3/31/2009 4:58:20 PM
From: Joe NYC2 Recommendations  Read Replies (1) | Respond to of 1578005
 
Ted,

Explain.

I am familiar with one company that saw its revenue run up 50% prior to 2000 and in following 2 year went down to where it started. The company is in no way in technology area.

What does that have to do with the dot.com bubble bursting?

If the dot.com makes your revenue (= your expenses, your payroll) go up 50%, there are all kinds of taxes collected on the extra income. With bubble bursting, revenue going down to pre dot.com, income, payrolls and taxes collected goes down.

Joe