Nikola

Tech Troubles Aren't Over - Barron's

The flood is yet to hit tech. Everybody's been focusing on financials (subprime exposure), auto companies (price of oil, cash flow), and retailers (consumer, layoffs).

But if you talk to people in tech, you will see that the flood has reached their doors, and the first thing corporations are cutting, in huge numbers, is tech. Especially these days when people are making 09 budgets.

It's gonna be another tech slaughter in 09, but this time there was no real bubble, and tech will just be collateral damage.

See in you Web 3.0.