Social Networking: The Next Internet Bust!

By Patrick Henry.
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Published Oct 23, 2006 by  Patrick Henry - 3 votes, 5 comments
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Social Networking Is Creating The Next Internet Advertising Bust!
Social Networking: The Next Internet Bust!
With Google paying more for YouTube then Wal-Mart did for a developed Brick and Mortar retail franchise, how soon before we see Internet Marketing Burst AGAIN?
It is all going to add up soon. Google being sued over False “Clicks” which leads to advertisers shying away from banner adds, making Google make YouTube a Pay-To-View video site, to the massive number of “New” Social Networking web sites. One day it will all catch up and the ridiculous amounts of money being paid to Internet Advertising is going to dry up until the Next big, YouTube, MySpace or FaceBook Emerges.
What will be the date on this Great Burst? Nobody know, but expect sometime in the New Year when Holiday numbers come in and Advertisers do not see a return on their advertising investment from such sites as YouTube and MySpace!
Expect Burst date: January 2007!
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