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Politics : Formerly About Applied Materials
AMAT 256.40+1.1%Dec 19 3:59 PM EST

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To: Gottfried who wrote (52974)9/24/2001 10:27:57 AM
From: Gottfried  Read Replies (1) of 70976
 
"Fast-growing tech firms lost a bundle"
BY JENNIFER BJORHUS
AND ELISE ACKERMAN
Mercury News
The list feels like a hangover from the party where the game was market share at any cost: Silicon Valley's Fastest 50, the companies with the fastest sales growth over a year, sold $10 billion worth of goods and services but managed to lose a staggering $28 billion in the process.

Only three of the Fastest 50 turned a profit. Most of the companies' share prices, a shadow of their former selves even before the Sept. 11 terrorist attacks, have fallen even further since then.
<[snip]

www0.mercurycenter.com
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