From the couple of years I spent in dot com land, I loved this article (registration required) in today's New York Times. I can't tell you how many presentations I sat through, listening to product pitches for ideas that were never going to be developed. As earnest young men, and an occasional woman or too, swore that their product was the answer - without having anything in development.

I know it was a time for new ideas, blah, blah, blah, but what happened at Enron played itself out hundreds of times at smaller companies. And it epitomized what was wrong with the Internet boom: too much smoke, not enough mirrors. And more importantly, all idea - no implementation.