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Mergers, Dot-Com Resurgence Marked 2004; Google IPO Riveted Investors; Oracle-PeopleSoft drama came to a close, and Net phone calls got a foothold.(INTERNET & TECHNOLOGY)

Investor's Business Daily

| January 03, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: IBD STAFF

2004 brought a new sense of optimism to the tech industry -- even the beleaguered dot-com field.

Google's initial public offering got investors excited about the Internet again. And with another record holiday season, eBay and other e-commerce sites proved there was plenty of money to be made online.

Still, the tech industry remained cautious. Many firms continued to slash jobs and cut costs. And consolidation was the order of the day.

Two pairs of cell phone service providers agreed to merge.

Oracle's hostile effort to buy PeopleSoft got the green light.

And Symantec announced plans to buy Veritas ...

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