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February 17, 2004



It is true that valuations are back up but for those working on the front line it is still just as crappy as ever.

The jackasses (aka managers) at my company are outsourcing to India, just like most other companies. In our case it is a small amount of work but that trickle of work will eventually turn into a flood.

I think that a lot of tech companies from the first bubble that survived will more than likely make it through this supposed bubble also. Though there will probably be a lot of little mergers.

So the bubble of this year is really just a bump to me. It is a bubble to those who own the stocks and just another day for the rest of us.

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