2001 and the Future of Tech
What came to pass this year -- passé B2B, humbled Napster, intact Microsoft, and more -- shows where the industry is going
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By Alex Salkever
After the heady nothing-but-Net '90s and the bubble-bursting 2000, 2001 may well be remembered as the year that the technology sector saw its future -- its real future -- for the first time. You wouldn't know it just by tracking the Nasdaq Composite index. It started the year at 2,400, drifted south for nine months, then plummeted to the 1,400 range after the September 11 attacks before bouncing back robustly to around 2,000 by late December.