A few years ago, telecommunications was all the rage. After a while, it fizzled out, leaving many people unemployed and with shattered dreams. (I am SO glad that I didn't jump on the telecom bandwagon!)

As of late, biotechology seems to have emerged as the field to beat. Unfortunately, a lot of biotechnology firms have likewise fallen by the wayside. I'm hoping that biotech won't follow in telecom's footsteps.

In my judgment though, that's unlikely. Biotechnology is much more diverse than telecommunication, and it can expect to receive heavy funding from both government and private sources. People always need new medicines, especially when their insurance companies are willing to foot the bill. Vaccine research will continue to progress, especially with the advent of new and exciting research tools.

Here's hoping that this rise will continue for years to come.