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Christian Science Monitor: In Silicon Valley, return to humbler tech dreams

Mark Sappenfield reports from Silicon Valley.

“We have never seen a downturn like this,” says MacNiven, who has become part celebrity, part commentator as owner of Buck’s. It’s a note of caution that sounds in every chord coming from Silicon Valley. Never before has a downturn cut this deep – touching everything from telecom to dotcom. And never before has this cluster of Bay Area cities had to come down from such success – and excess.

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