A cautious Bill Gates warns against the rush to new Web-based software services, likening the frenzy to the days of the 1990s Internet bubble. "He sees that the world is 're back kind of in Internet-bubble era in terms of people thinking chasing more and more I think that he is right in saying that there are still some areas where it is unclear what's going to come out of that. Scobeleizer’s defence looks too weak – agreed that some factors may look different and less pronounced but the overall frenzy is certainly not justified. Whenever I talk of web 2.0, I keep saying that a good PPT need not necessarily become a good business.
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