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Joel I must agree, it is the emerging markets that attract investors, even though PEs and alot of other fundementals seem awry, the promise(s) override these frequently relied upon signs, especially in the high tech area. These are the days where companies like wang, unisys, and others can be the largest one day and almost dead the next. Some have managed to endure, but only with much difficulty. With the needs growing for production it is easy for a company to focus on today, and easy to forget or overlook tomorrow. Alot of to days high fliers, if history repeats, will be tomorrows fodder. The names are endless in that regard. In order to be sucessfull in the high tech area, as an investor one must always be watching the rear. |
