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PHP is definitely a winner when it comes to making variety of projects,but so far i never found a reason to go with other language,for example if i needed something what cant be done with php,i simply made it in c++,called it with system command in php,processed output and that's it.When it comes to speed,it is true how other languages are faster,but i believe how php can be same speed or even faster if you pay attention to your coding style plus if you use cache accelerator.And another question is what is your aim to accomplish - for example,if your goal is to increase chances to get a job - then you should go with java,since according to statistic java is most wanted language,plus it is paid 2x more then php jobs.
If you want to make commercial scripts,then php is only choice due it's market share and it is installed by default on every web hosting.
And if you want to make scripts for you own use(to run on your websites)then it totally depend on what kind of sites you run and what kind of data you process.
Also when it comes to javascript,it should be learned as well with php since you could say how javascript is some sort of "visual tasks addon " for php.
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