I found this in one of the financial pages that I read on a regular basis.
For some reason, many of the fastest-growing, fastest talking communications tech companies in the nation have installed themselves in the techland paradise between Washington DC and Dulles Airport. Making our way to the airport last night, we passed Computer Associates, Oracle, Nextel, Juniper and dozens of others - many of the companies that blew up so spectacularly in 2000-2001...and now have ballooned again.
We don't know one from another...and have done no research...but our guess is that you could sell short any company between Dulles and the Beltway...except for maybe the Days Inn...and turn a nice profit.
I walk through Nextel's parking lot on my way to the coffee hut, and I can attest that it's always packed in the afternoon. It's so full that the employees park wherever they think their car *might* not impede traffic. When they see me on the part of the walk where I'm heading to the back of the lot, they follow me, hoping I'm moving a car so they won't have to park illegally that day.
Other buildings in the area are almost or completely empty (the completely empty one I'm thinking of has never had a tenant since it was built). Some are very full. Our lot definitely fills up. We share the edges of it with Sprint and...Comsearch, I think.
Based on my assessments of my employer, I'm sure there's plenty of doom to go around.
Posted by nicole at November 11, 2003 05:20 PM