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Usage:

...being hurled too quickly into the same markets. For instance, at least a dozen optical-switch makers have been launched in the past six months. (Remember the dozen pet-supply e-commerce companies that were started last year?) That doesn't faze Josef Straus, CEO of JDS Uniphase: "Last Supercom [an industry trade show], there were 40 new start-ups in networking. Why did they get funded? Because they had a good business proposition in a great space. To the horizon I can see--four or five years--it's smooth sailing...

Author: /time Magazine | Title: An Optical Delusion? | 8/7/2000 | See Source »

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