Word: dotcomers
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...Witter, notes that spending on telecom equipment will be down in 2001, after rising steadily for years. A number of big carriers have already disappointed Wall Street with weak sales of their goods and services. Spending on PCs and by cable systems is falling too, Biggs says. Meanwhile, recent dotcom failures and near failures, from Pets.com to Drkoop.com highlight that industry's capital crunch, which will take a big bite out of revenues at suppliers such as Sun and Oracle; the latter's stock is down more than 40% in three months...
...mainstream. Cities like Hyderabad, Bombay and New Delhi are promising telecom links and tax holidays to prospective business investors. "India always had the talent, but with the Internet, we've found the delivery mechanism to transport this talent around the globe," says Prakash Gurbaxani, who set up his own dotcom consultancy, 24/7 Customer.com five months ago in Bangalore...
...mainstream. Cities like Hyderabad, Bombay and New Delhi are promising telecom links and tax holidays to prospective business investors. "India always had the talent, but with the Internet, we've found the delivery mechanism to transport this talent around the globe," says Prakash Gurbaxani, who set up his own dotcom consultancy, 24/7 Customer.com, five months ago in Bangalore...
...asked, "Is The New Economy Dead?" [BUSINESS, Oct. 23]. Hardly. It just took a while for the dictum of the old economy to assert itself: a business is supposed to provide a product or service for a profit. Technical savvy and a dotcom tag are no substitutes for a sound business plan. I work for an information-technology company that has never lost money and has fueled growth through its own earnings. You should look at enterprises like ours instead of snickering at those whose overinflated financial balloons have been pricked by reality. Imagine, a profitable dotcom! ALEX LEKAS Fayetteville...
...NASDAQ crash may have left New York City's Silicon Alley a boulevard of broken dreams, but William O'Shea, 24, is one dotcom entrepreneur who hasn't been discouraged. O'Shea and two friends came up with the idea for their new company, RedFilter, last year in his Brooklyn apartment. O'Shea calls it "a remote control for the Internet": go to RedFilter's website, enter your age, pick the subjects you're interested in, and RedFilter spits back a series of sites custom-picked for your tastes. RedFilter's survival secret: it sells its filter technology to other...