When you're wheeling and dealing with tens if not hundreds of thousands of your own dollars, it doesn't take much to bring on your own private Black Monday. Day trading has also created its own gurus and celebrities, like New York's Tokyo Joe. Get past the hype, however, and you find that the real danger of the day-trading craze might be that, as study after study has shown, the more you trade, the less likely you are to make money. Well, there is, sort of. Kaplan and Lewis, by contrast, think that money, in all its dirty glory, is exactly what Silicon Valley life is about, and took palpable pleasure in cataloguing all the permutations of unadulterated greed.
Content expands to fill the available bandwidth.
No, scratch that. Content expands faster than the available bandwidth. No wonder people are doing more and more of their Net surfing from work. But in 1999, high-bandwidth home connections blossomed. Some, like SBC, sharply cut prices at the beginning of the year, promising cable some serious competition.