Word: dotcomism
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...Indeed, to some the Hong Kong market's current China mania is eerily reminiscent of the territory's short-lived dotcom boom of 2000, when investors queued for hours to snatch up order forms for shares of Internet ventures, only to see their acquisitions turn to dross when the bubble popped. These days, the object of desire has changed, with investors equally convinced that the China boom is a sure thing. The index for "H shares," as the Hong Kong-listed stocks of mainland companies are called, spiked 152% in 2003. Now that investors are back, Chinese companies are rushing...
...primary repository of the bulk of human information. Search is the way we get at that information, and companies like Google wield enormous power. They reflect our common interests and shape how we learn about the world with their rapid-fire search results. This isn't just about dotcom juggernauts duking it out for stock options and bragging rights. Whoever wins the search wars owns the keys to the kingdom of knowledge. That's a big responsibility. Are search engines...
Gonzalez, 38, is a floppy-haired former public defender who once played bass in a punk rock band and doesn't own a watch or a car. Elected to the city's board of supervisors during the dotcom boom, Gonzalez (who was a Democrat until he became disillusioned with the party's campaign tactics in 2000) helped lead the charge against upscale real estate development to house the high-tech rich. But he still manages to charm campaign contributions out of two of the city's biggest developers. He promises to make San Francisco a "laboratory for what government will...
...mania for speed (Jordan can barely sit still through an interview) and impatience with mediocrity sit at the center of eBay's phenomenal growth. A veteran of the entertainment industry and a former management consultant, Jordan was tempted away from a doomed dotcom by his former boss at Disney (now eBay CEO), Meg Whitman. At the time, in 1999, eBay had 400 employees; now it has 5,600. Its share price has grown 33-fold. Worldwide, $23 billion in transactions will pass through the eBay marketplace in 2003. Jordan's U.S. arm handles $14 billion of that. "There...
...young, tech-savvy members. "It's totally a cult," says Janacek, 25, who adds that most of her friends already use the site. Friendster seems to be a hit with the suits as well. In late October it closed $13 million in financing--a bonanza in these frugal, post-dotcom days...