But that boom also depended on a technology bubble and historically low oil prices.
He, too, said the technology bubble would pop one day.
By far, the largest advantage came in 1999 when the technology bubble was at its peak.
Then there's the question of whether or not we're in the middle of another technology bubble.
This downturn was led by overinvestment and the technology bubble.
Two years ago we had a big break, with the bursting of the technology bubble.
But its business evaporated with the bursting of the technology bubble in 2000.
During the technology bubble, it was easy to believe that "knowledge workers" were guaranteed good jobs.
It then fell victim to the collapse of the technology bubble in March 2000.
I lived through the technology bubble, and a modest but sure thing looks pretty good right now.