Adopting an ostrich position

Perhaps no website so thoroughly underlined the confusion in the dot

Perhaps no website so thoroughly underlined the confusion in the dot.com world this week as that of the digital economy networking group, First Tuesday, www.firsttuesday.com.

Half the site is full of dot.com enthusiasm, touting new groups, matchmaking events where Internet entrepreneurs can pitch their company ideas to the venture market, and lists of funding success stories.

Nearby, the news headlines the site now carries told a dot.bomb tale of woe - Freeserve in freefall; Amazon shares plummeting on a thumbs down from Lehman Bros; Nasdaq shakiness; and the EU rejection of the WorldCom/Sprint merger.

The site seemed to be doing its best to pretend it all wasn't happening right here, right now: on Monday, the date on the site read Oct 5th, 2092.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective