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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (7256)	5/29/2001 12:25:29 PM
From: craig crawford	Read Replies (1) of 57684

>> I think the institutions know they have to reinvest in technology now or later. << That's not a good solid fundamental reason to own technology. That is bubble mentality. We have to buy because prices will just be higher if we wait. >> There are companies growing at high double and even triple digits through this. Hell, Avici's sales increased quadruple digits last quarter didn't they? << That's always going to happen when they are really small. Off of small bases they can show some fantastic growth. They usually run into trouble when their revenue base is $1-2 billion.

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