Re: The future of PHP

From: Date: Sat, 25 Aug 2001 00:13:12 +0000
Subject: Re: The future of PHP
References: 1 2 3 4 5 6 7 8 9  Groups: php.general 
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> >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. -- WARNING richard@zend.com address is an endangered species -- Use ceo@l-i-e.com Wanna help me out? Like Music? Buy a CD: http://l-i-e.com/artists.htm Volunteer a little time: http://chatmusic.com/volunteer.htm

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