[NCLUG] programming question

[mike cullerton]

on 7/1/01 4:37 PM, Quent at quent at pobox.com wrote:

> On Sun, Jul 01, 2001 at 03:01:00PM -0600, mike cullerton wrote:
> 
> snippage...
> 
>> btw, if you weren't paying attention to the hype, you wouldn't have noticed
>> the bubble bursting. as someone who was building ip networks before there
>> was a web, this internet thing seems alive and well to me. just because
>> stock prices have dropped doesn't mean that people don't use the internet
>> anymore. people are using the internet more than ever now and the pie
>> continues to grow.
>> 
> 
> I agree, but tell that to the thousands of people who have lost their
> jobs in recent months. There's a shakeout going on; bad business
> plans are finally failing and investors have lost confidence in all.
> Web companies have folded, hurting their network providers and the
> companies that make network equipment.

good point. 

remember though, that i worked for an isp before people made any money doing
that, while people made crazy money doing that and while lots of people lost
their jobs doing that. during the boom, i saw lots of folks knowing way less
than me making way more than me. they worked for companies with large
advertising budgets and engineers who didn't even know what bgp was. these
companies made shitty networks and shiny commercials.

now, only the best survive. as you say, bad business plans are finally
failing. the ones who ignored the hype and focused on product and service
are succeeding.

the economy works in cycles. some folks get rich playing the cycles and some
get burned. some however, focus on the fundamentals and go for the long
haul. whether that's as a business owner, an investor or a software
engineer.

jeesh, talking about the economy. what have i become?

> 
> On the other hand, the greedy boom town period is over and we can get
> on with the real stuff.

true :)

> 
> We packet slingers will keep on twiddling bits for fun and profit no
> matter what :)

profit?

> 
> Quent Johnson
> 
>> mike


 -- mike cullerton