i'd be getting ready for the tech boom part 2. The last one was...

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    i'd be getting ready for the tech boom part 2. The last one was driven by bluye sky hype and Y2000. Those that have survived have had to become a lot smarter and learn to live in the real world and survive on building a business model that works rather than the hype to get capital raising to fund their dreams.

    Every business is also going to need to reinvest in their infrastructure again to keep their profits and productivity growing. With the healthy profits flowing from big business they will again start to implement IT projects again after years of cost cutting and reluctance to invest in their IT infrastructure. Another boom area will be IT personell recruitment companies like Candle (CND) to recruit the personell to drive these infrastructure project.

    The next tech boom will be a lot more sustainable and companies valuations will be based just like any other public company...P/E, yield, profit etc. Not the invented sales ratios of the last tech boom where you didn't even need a profit to get a $100m+ valuation...just a promise that blue sky is coming.
 
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