i think a lot of <traditional> companies will not stand this storm. the biggest factor in the "financial crisis" that has been underlooked is the death of the

i think a lot of <traditional> companies will not stand this storm. the biggest factor in the "financial crisis" that has been underlooked is the death of the traditional media. we are amidst a huge culture switch from from newpaper to feedreader, from retail stores to estores, from calling your broker to etrading. there is a lot of industry that is built around the old model of storefronts that simply can not sustain and compete with a spaceless model. as far as the tech industry goes, i think the desktop makers <and desktop chip makers> and the smaller web startups that don't bring in any cash are screwed. while there will always be a need for desktop computers and server grade hardware, people are now more interested in buying mobile computers. most people only check their email and visit a few other webpages (youtube, facebook, etc.), and this need can be fulfilled from anywhere with a small handheld computer (iphone, g1, blackberries) and a mobile internet connection. the small web startups are in trouble because not only do they are not bring in any cash, it will be harder for them to get cash from VCs. i'm sure some will weather the storm, but i can also see a lot of them not being able to do so.