all I am happy to see that some of us are coming to our senses. Let's face it,
we all got a little carried away there for awhile. I will admit even I got caught
up in all of the dot-com frenzy. Hell, I bought The Globe.com at $20 a share
(ouch!). So how does the dot-com shakeout affect all of us in the handheld market?
1. We finally got
ourselves some more programmers.
2. Finally VC's
seem to have come to their senses.
3. We've weeded
out all the "old family money" investors, or "neuvo-geek" as I like
to call them, who thought it was cool to slum with us techies.
I am sensing some
reluctance to my thoughts and I hear some of you saying, "But Alan, now that
the worm has turned against the net, how do we get back to where we were? How
do I cash in on the handheld revolution?" Glad you asked that question. How
can the handheld market avoid the dot-com dilemma? There is the old adage of
looking at the past to prevent future disaster. Let's look at the Internet and
examine what happened first, before I tell you how to strike it rich in this
First of all, consumers
bought all the Internet hype. Big surprise, huh? Aldous Huxley called it cattle
mentality and we all followed the great Digital Moo-gration. We all ran out
to buy new computers, we all caught the 33k to 56k to DSL bug, we all built
web-sites, we all started passing around viruses with our e-mail jokes and e-cards
and even tried web personal ads (I have a doozey of a story). What did we learn
from all that? That the Internet is a full of ridiculous concepts and over-inflated
egos. You can defend all your pet supply sites, browser based word processors
and Internet hard drives all you want. It won't change the fact that they are
dumb ideas with a life span of about six months, depending on their cash reserves.
We've stopped >>