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PC Week: An embarrassment of riches

Dec 12, 1999, 05:55 (12 Talkback[s])
(Other stories by Stan Gibson)

"We used to hear that we live in a cynical age. No more. We live in a credulous age. Last year, the President of the United States asked us to believe there can be multiple interpretations of "is." Now we have the equity markets saying, "It depends on what you mean by 'value.' "

"As much promise as Linux and the open-source software movement have, there can be no doubt that we're in the middle of a speculative boom that can trace its roots in human nature to the tulip speculation in Holland in the early 1600s - or, more recently, to the gold speculation of the early 1980s. Those bubbles burst before and this one will, too."

"Stock values have limits, but credulity does not. And the attempt to prey on credulity isn't limited to Wall Street...."

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