Dot-com boom, Part Deux?

3 things make me believe that is true, and it is exciting:

1) Although I usually skim over the stock numbers, I'm not one to dwell on the back pages of a paper's business section. However, a few days ago, something told me to look......   glad I did. I happened to notice that there was a graph charting the stock prices for the Internet-50, the top 25 eCommerce and 25 eBusiness firms. What was glaring, was the recent rise: on 11/18/08, the number was pegged at 83.88; on Wednesday this week, it hit 106.07. Amazing to me since I would expect the "staples" to increase the most (if at all), because most investors consider them the safer bet.

2) About 2/3 of the clients my company supports are within the financial services industry. What has been interesting to note, is that the MAJORITY of them are are hiring programmers to help develop advanced trading systems utilizing new data models and/or ways to identify trends out of all the information pouring in (ie. "algo" and "quant" are two of the most prevalent buzz words) by leveraging technology in a way they simply couldn't previously.

3) A good friend runs an advertising/marketing firm, and most of his clients are buzzing about - what else - social media and how they can best leverage this.  Oh, and some of his latest deals/dealings? Found them off of Twitter...   the same forum I was bad-mouthing just weeks ago, I am now embracing myself.

It is the new normal, and I like it........

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