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Link: Tech-Boom Flashback for Bankers – WSJ.com

When the dot-com bubble burst at the beginning of the decade, hundreds of technology companies folded and the flow of deals dried up. Those hard times seem to have returned, but bankers in the sector suggest the prognosis for technology is better than for other sectors, largely because tech companies learned some valuable lessons from the first crash.

Ridiculous. That’s like moving to Florida from California and claiming experience with hurricanes because you’ve survived an earthquake.

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