The oncoming second IT bubbly thing
Internet Alexei Oreskovi over at IT News Australia is asking:
Can the next hottest dotcoms live up to Wall Street’s expectations?
Certainly with regards to Facebook: nah. At least, not long term anyway. I'd stake my reputation as the most respected person on Rubenerd.com on it. None of the other writers here have anything on me.
That said, Wall Street doesn't need to worry about being profitable, they'll get a bailout if they screw up, right? Its corporate welfare which (unlike those super evil commies that want it for regular people) is totally okay! Not that I'm cynical or anything. Or cyclical, I don't have a bike yet.