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Dissenting Opinion: "[Web] Two Point Oh No"

http://www.bctechnology.com/statics/bh-oct0705.html

Interesting thoughts from Brent Holliday (http://www.bctechnology.com/statics/bh-bio.html) on Web 2.0.  Is this just an evolution of web hype giving investors/angels something to get excited about?  Will this help my "pets.com" stock portfolio finally?