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Re: Zeev Hed post# 24168

Wednesday, 09/11/2002 9:08:41 AM

Wednesday, September 11, 2002 9:08:41 AM

Post# of 704041
My personal opinion is that the bubble was created by the telecommunication infrastructure expansion/buildout. When this came to an end, a significant economic stimulus was removed. In comparison to past bubbles, created by other infrastructure creation and expansion, (electrification, telephone, automobile/highway,) this expansion occurred in a relatively short period of time.
I have not fully studied the collapse after other infrastructure buildouts, however, I believe that those comparisons will yield valuable insights into what we can expect.

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