Cybercrash

The claim of this blog is still that the web is fantastic and has a long way to go.

Even if there is an 'echo crash' it will not alter the scale of the financial input around the time of the end of the last century and the beginning of this one. It is in proportion to the tulips or South Sea Bubble. A longer term explanation is needed.

On the website I look at the possibility such a crash happens at an early stage in a new phase based on a location / technology.

http://www.cybercrash.co.uk/theory.html

The web may be based outside the US to some extent. It is not clear how this will turn out.
Pacific Century Cyberworks seems to just show a crash if you look for a chart-
Bigcharts at www.bigcharts.com PCW -all data as timescale

Still, the century is not over yet.

The reporting at 'Good Morning Silicon Valley' has drawn attention to Henry Blodget and his recent argument that the valuation of Google could be reasonable given the value of the brand.

http://blogs.siliconvalley.com/gmsv/2005/06/google_wins_cov.html

There is an argument here that Amazon was once fairly valued relative to Barnes and Noble as it developed into other products. Still, the idea that there is now an 'echo bubble' is at least possible.