23 January 2006

The Great Bagel Caper

I'm not sure if this phenomenon occurred nation wide, but in the late 90s the Seattle area exploded with bagel shops. There was one on every corner; they were more common than Starbucks!. Then, as quickly as they had arrived, the bubble burst, and they were gone.

The collapse of the bagel market and the dot com implosion took place at suspiciously similar points in time. Did all the dot com'ers suddenly stop buying bagels, cream cheese, lox, and those little green ball things that everyone pretends to like? Consider this. While the entire stock market was being deep fried, McDonalds' stock kept on rolling.

Posh offices in vastly over funded, pre-IPO, dot coms for tiny cubes in penny-pinching insurance companies? Bagels for Sausage Biscuits and hash browns? We may never completely plug the hole at the center of this mystery.

And also, I skied today. The snow was a little hard, but not too bad. The sun was out the entire day. Oh, and I had an Egg McMuffin for breakfast, though I would have preferred a bagel.

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