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Strategies & Market Trends : The New Economy and its Winners
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To: Bill Harmond who wrote (3228)11/19/2000 10:50:15 PM
From: GST  Read Replies (1) of 57684
 
"The leaders are becoming competitively stronger because of the drying up of liquidity." For this to be true they must be knee deep in cash, strongly cash flow positive, unshakeable growth in customer demand, and they must have customers with the same characteristics. That eliminates most stocks.
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