IP: WSJ says dot-com crash will be FAR worse

[David Farber <dave () farber net>]

> Date: Wed, 28 Mar 2001 15:52:54 -0800
> To: farber () cis upenn edu
> From: mech () eff org (Stanton McCandlish)
>
> Well, at least the rents'll probably go back down again...  :-/
>
> > From TechDaily, today (story "How Green Was Their Valley?", AM edition):
>
> "The amount of money flowing into Silicon Valley companies from the
> public markets is quickly evaporating, according to new data provided
> to AP. Meanwhile, The Wall Street Journal reports on a study by Cushman
> and Wakefield that predicts about 80 percent of the remaining dot-com
> companies in the Bay area will collapse in the next year, wiping out
> some 30,000 jobs."
>
> Relevant links:
> AP story: http://www.nytimes.com/aponline/business/AP-Cash-Crunch.htm
> (you have to sign up with a login ID & password to read this; it's
> probably available at another site somewhere, probably
> http://dailynews.yahoo.com)
>
> WSJ story: http://interactive.wsj.com/articles/SB985736257853236359.htm
> (AND you have to sign up here, as well.)
>
>
>
>
> --
>
>
> --
> Stanton McCandlish      mech () eff org       http://www.eff.org/~mech
> Technical Director/Webmaster         Electronic Frontier Foundation
> voice: +1 415 436 9333 x105                    fax: +1 415 436 9993
> EFF, 454 Shotwell St.                    San Francisco CA 94110 USA



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