Subject:
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Re: Gotta love Oracle...
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sat, 13 Oct 2001 02:35:02 GMT
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Viewed:
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683 times
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In lugnet.off-topic.debate, Larry Pieniazek writes:
> Arguably the internet revolution bubble burst at least in part because of
> the Clinton DOJ going after MS, and the rumbles about taxing internet
> transactions (well, maybe 20% of it is due to that, the other is 40%
> irrational exuberance and 40% greenspan putting the brakes on way too hard
> for no reason at all that I can see. Some Randite HE is! (just kidding) )
Hmm. I'd agree with your ratios, but I'd nudge them around until there was
room to add "25% over-estimating the efficiency (and under-estimating the
cost) of e-business"
A lot of the crash was due to assumptions about what costs were involved and
what the market would bear, and those assumptions turned out to be very,
very wrong in a lot of cases. When investors realized that the company(ies)
they were investing in was *only* making money from their investments, well....
$0.02
James
Wow, talk in circles long enough, and the subject almost becomes relevant
again. :)
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Message is in Reply To:
| | Re: Gotta love Oracle...
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| (...) MS is not a monopoly. It has competitors, and effective ones at that. MS is dominant in certain market segments but since there are few or no barriers to entry other than MS competence at making good product, the net result of MS dominance (...) (23 years ago, 13-Oct-01, to lugnet.off-topic.debate)
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