some predictions about the future

Filed in archive Technology on October 10, 2003

Michael S. Malone has taken a stand on how the next months in the tech world will look like.

"Brace yourself for an entertainment revolution; as well as hundreds of new products to play them. All of that unused fiber capacity out there is going to quickly filled up and as Sanders predicted, wireless may become the hottest market of all."
"Somewhere in all of this, the capital markets will finally become receptive to the next big IPO. I'm guessing December 2003. When that happens, all hell will break loose as many good but undercapitalized companies waiting in the wings file their prospectuses."
"From that, I would predict a good finish to 2003, a great 2004, an overheated 2005, a scary and slightly insane 2006 and a recession in 2007 ... just in time for the next presidential election."