Don't blame the newbies! Your thoughts?

[Nickatilynx]

One of my biggest and few regrets is I didn't study new market economies more - the history was all there - Industrial revolution, Auto Manufacturing, Radio, Television

The Boom, the Bust then flatline (normal) cycle (actually the flatline includes a slight rise from the bust and also includes smaller and weaker companies being weeded out)

We are seeing a similar effect in the stock market now, where some of the extremely overvalued stocks that plummeted during the bust portion of the cycle are making a slow steady comeback to reasonable levels. Example Yahoo stock was never worth the 240 per share it hit in Jan 2000 but has rebounded to 32 per share today from a low of 8 per share in October 2001 (it was also close to that price in November 2002)

Still that being said we (webmasters and companies) are responsible to a large degree for the adult on line entertainment industry's bust cycle or more so the quickness with which it happened and the delay of a slight rebound

There are MANY reasons for this (many good ones have been discussed here) and I feel we are still 9 - 18 months away from seeing any appreciable rebound - for those of us who will still be around

But we could still lose it all depending on the whims of Visa/Mastercard and when, if ever mass alternative acceptable and marketable payment options become available (I know checks with processed certain companies are a viable option but without 100% real time validation it's still not the yet payment solution we need)

DAMN!!!!

Longest pearl ever!