Stardate 20010705.1505 (On Screen): Much has been made recently about the decline in the rate of dot-com bankrupcies. It may mean that there's an economic turnaround. But it may not. There were only a finite number of such companies, and after venture capital dried up last year, the rate at which new dot-coms were created collapsed. Meanwhile, the old ones started dying (which, ultimately, shouldn't have surprised anyone). Eventually the death rate has to decline simply because you run out of companies to go bankrupt. This would happen even absent an economic up-turn.
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