On 3/1/07, Joseph Sinclair wrote: > Bubbles actually have nothing to do with money, they're about emotions and herd behavior, the internet had very little money in it when the last bubble began, it was the *perception* of "Dot Com" companies as growth opportunities that drove the frenzy. > I was working on Wall St. from 2000-2001. I saw the financial aspect to the dot com boom first hand. The true story of the dot com bubble remains to be told. One aspect of it that is not commonly reported is its correlation to activity in the telecom world. Much of the rapid growth was entirely predictable given knowledge of telecom and the changes brought by regulation and new technology such as fiber optics. So the boom was not all smoke and mirrors. What is interesting is that given this interpretation of history, the telecom industry could be said to be regressing to the state it was in prior to the dot com bubble. Real estate and telecom are related in very complex and interesting ways. Real estate is about the control of space, and telecom is about transcending it. Ponder that and you can understand many trends in both RE, Internet and Politics. Net Neutrality, is in certain capacity, a force to dislocate Real Estate capital. -jmz ps. what ever happened to the Tempe Municipal Wireless Project? -- .0000. communication. .0001. development. .0010. strategy. .0100. appeal. JOSHUA M. ZEIDNER IT Consultant ( 602 ) 490 8006 jjzeidner@gmail.com --------------------------------------------------- PLUG-discuss mailing list - PLUG-discuss@lists.plug.phoenix.az.us To subscribe, unsubscribe, or to change you mail settings: http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss