Is it possible? Wishful thinking maybe? I'd like to think not. http://www.globeandmail.com/servlet/ArticleNews/TPStory/LAC/20031025/RGOOG25/TPBusiness/TopStories And if there is, what other sectors do you expect growth to spill over into?
What do these investors expect out of Google since the main service of Google is free? Isn't this what caused the crash of the dot com era before?.....too much money invested and getting nothing out of it?
Not necessarily the influence of google..but the trend they've started. Its a buyers market now, and with so many more people plugging in around the world there might be an actual demand.
Vendors are paying Google to put their names or products at the top of the list when you go to Google to find anything. The more they pay the higher they get on the search window.
honestly speaking it could happen again and sometimes it does. What I hate is that online companies are so undefined valuewise its all future possibilities of a company that drive it. I use sec.gov to check out fillings of various companies its very useful u could find stuff up to 10 years back. I am actually thinking that the next boom bust scenario is china. Many companies are comming public from it within the next 2 years and most of them are not very well run. They were all gov't controled at one time or another and gov't do shitty job at running businesses most have high debt loads. The prospects are really great though but they are overvalued at entry. Also my view is chinese goods lack any quality at all. Several experinces for this my father bought a hammer *made in china* went to the basement put a nail on the wall and bang the hammer broke in half... The hammer part iron split... The nail beat the hammer. Also various other things of that nature happened. I m sure an asia craze is going to come all over again and then collapse and crash under its own weight.
I wouldnt be so sure about the quality thing with CHina. It is true i was and to a large extent still is the source of much of the chaep crap bedevilling the world, but things are definitely changing. Large chunks of aircraft are built in China just now, for Boeing etc, I seem to recall there was a fuss a few years ago involving Clinton and the moving of wing manufacture to china, from the USA. Where the aircraft industry leads, the rest will follow in hte next decade or two.
I kinda disagree because the hard part is already done maping out the genome. Now all they do is just randomly test various branches of the tree to see what kind of solutions to problems they could conjure up.
"Now all they do is just randomly test various branches of the tree to see what kind of solutions to problems they could conjure up." That is the hard part. The genome was the easy bit, the hard bit is turning all that info into something usable, and of course, working out protein folding and everything else.
no guthrie you are wrong , mapping out the whole is harder then applying individual branches to see whats what... They usually have guesses as to whats where and which part is responsible for which genetic trait. Testing various solutions is much easier with a map then without. The reason i say this is because it took em a few years to come out with the maping but after it was done they started to churn out various guesses and other stuff biotecs grew like mold after a rain. Synthetic you know that sugar drug for diabetics forgot name also other things was done in like 6-9 months. Approval by fda takes a whole lot of time but thats just after the product is finished.
Information analysis is the next boom. We have just scratched the surface. The IT boom was based on first Y2K problem, them moving mainframe COBOL programs to new ERP systems. Now people are moving to CRM, SCM, BI and related Analysis system but not much has happened yet. The other area of growth is low tech healthcare in prevention programs. People will be tired of paying $3.00 a pill for excelon. The middle class America will disappear without some serious job base (which is moving to India and China) The near future technology is that wi-fi networking across USA and coversion of all government IT systems that would go to US Citizens. The far future technology is replacement of: All DVD movies to HD-DVD system Paperthin displays Giant OLED displays The only jobs American can get is if Motorola and Intel expand domestic chip facilities. The other boom can happen if Mexico opens up its doors to call centers and other technology activities. Google will do well for the next three years until Microsoft goes after it. But unlike Altavista which did not take my advice for a personal search engine, and Netscape - Google can hold on its own for quite some time.
actually wi-fi has been developed by verizon and will be implemented starting 2005-6... Its gonna be $80 a month unlimited and its a much better network then wi-fi in europe you dont need hotspots at all you could go on anywhere anytime. and your totally off the wall in mid-class dissapearing. Most of the jobs will be shifted to the service sector and the ecconomy will be more service oriented such is the UK now. Last statistic about homeownership in america is at about 68%. It takes a lot to kill a middle class especially if the moves are gradual.
...and your totally off the wall in mid-class dissapearing. Perhaps. 60% of the 2002 graduates from the local technical university are under employed. There is a concentrated effort by the College to actively court employers. I made the prediction based on that information. I hope, I am wrong. I am involved in the the economic development in this area and we are trying to connect to other states to solve these issues because the tax base is eroding. The trend is not pretty. Even the RedCross Emergency Preparedness is having money problems.
