let me tell you my son, goodyear tire, boeing, coke, mcdonalds, citibank, jp morgan, will all still be standing 5-10 years from now, while 95% of your high flyers in nasdaq will never make it to the big league, thats the Dow, not the nasdaq, thats pretty much the 5 year failure rate of start-ups, a tried and true statistic.
BB,
That statistic sounds a little funny to me. It suggests that five years ago 95% of the companies in the Nasdaq were different companies than the ones which are currnetly there. |
