Crash or Correction

$Qualcomm (QCOM.US)$ $Microsoft (MSFT.US)$
I am sure most of us, if not already, have been reading some analysts' reports about an almost similar situation of now vs 2000 dot.com/bust period. Many new investors here may not be faimilar with the dot.com burst. I was a local investor then as access to the US markets were very limited, and even in Singapore, the stocks followed similarly, especially the tech stocks.
First cavaet here is i am not spreading FUD, but this month's tech correction warrants a serious look at how next year shapes up, so I have to do more research on this. There are 3 signals which i thought warrant a good look.
1st - Very clear signal here is the dot.com crash happend in March 2000, when Alan Greenspan, then FED chair raised interest rates. If you can see what will happen next year, its that interest rate would be raise in March 2022.
2nd - The other signal is the unprecedented IPOs happend in 1999, when the bubble festered. The lock-in period of the institutions and owners is 6 months, and right after lock in, with rising interest rates, mass selling begin, resulting in the crash.
3rd - Many dot.com companies raise monies easily due to very low interest rates (easy money). Many were burning cash and had not reach profitability. In 2021, we too have many over-valued tech companies which haven't reach profitabilty yet are at unprecedented prices (although most have came down from their historical highs)

If you can read at the 3 signals above, won't you be worried?

I attached 2 companies that have survived the dot.com and boom. Similarly the prices fall is almost alarming. But we can see that they are profitabile and would be able to weather such storm. Value company like $Coca-Cola (KO.US)$ went up instead