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IP: Japan's Bit Valley Fever is catching -- May 1, 2000
From: Dave Farber <farber () cis upenn edu>
Date: Tue, 02 May 2000 10:43:04 -0700

Date: Tue, 2 May 2000 23:14:40 +0900
To: farber () cis upenn edu
From: Adam Peake <ajp () glocom ac jp>

Japan's Bit Valley Fever is catching -- May 1, 2000



-- Japan's Bit Valley Fever is catching


Japan's Bit Valley Fever is catching
Suddenly, there are signs of life in the lifeless Japanese
economy, and there are signs of change in its change-
resistant society. Japan is in the grip of excitement over
the enriching prospects of information technology. Venture
capitalists and investment funds are multiplying in Japan
like pachinko parlors. Japanese retirees are taking money
out of their savings accounts and investing in hot
technology stocks. Young entrepreneurs are flocking by the
thousands each month to a "Bit Style" networking get-
together organized by the Bit Valley Association, named
after one of Tokyo's high-tech business districts. David
James reports on Bit Valley Fever.

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