During the Dot Com Boom everyone believed that demand for bandwidth would never end. Believing management forecasts, shareholders poured money into seemingly stratospherically-valued companies.
Of course, it had to end badly. Many stocks crashed to zero or almost zero. Many shareholders lost all of their investment or almost all.
Instead of bandwidth demand showing no rest, it has taken years and the likes of Netflix and YouTube for the excess bandwidth to be consumed, finally.
The moral of this story: Be wary of trees that grow to the sky. They never do. Sell fervid stocks when the going is good. You will regret it immediately. It is hard to do. A year later you'll be happy.
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