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While the dot com world has proven harsh for many who left school on its promise, Papish says MediaUnbound is thriving, although he will not specify the amount of the deal...
...Hunter Valley began in the early 1820s but only in the 1960s did the wine industry of the lower valley begin to flourish. By the '80s it had superseded coal mining as the centerpiece of the local economy. These days about 160 grape growers and 43 wineries dot the valley, many offering daily tastings. And that's just the beginning of the gourmet allures: the region features some of the country's finest restaurants and many top-end inns and resorts. With Sydney only a two-hour drive away, the Hunter Valley has emerged as Australia's premier gastronomic destination...
...trying to eventually turn Social Security into something like a 401(k) plan, but not even the Enron mess is going to scare him into turning 401(k)s into something like Social Security. Nobody in Congress is moaning about the employees who signed up at a dot-com for salary-plus-150,000-stock-options and lost it all when the stock ceased to exist - what's so different about Enron? That company's employees joined a high-flyer and apparently bet it all on high-flying company stock. The company failed - and either none of them...
...starting to diminish" and "activity is beginning to firm," and thus giving the recovery, however nascent it may be, the imprimatur of the Federal Reserve. Techs like chips and cell phones are percolating again. And with Amazon.com, one of the first (and one of the last) of the great dot-coms, finally notching a quarterly profit Tuesday the old-fashioned way - dollar by hardscrabble dollar - and the New Economy may have a second spiritual wind and a resurrected flag...
...That recovery never came. Sept. 11 did. The lows got violently lower, the pace of layoffs and bankruptcies picked violently up. The recession (which was now back-dated to March) was definitely going to be a painful one, and the recovery from the dot-com bust of 2000 and its spinoff, the telecom bust of 2001, got postponed by a quarter...