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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (71555)5/25/2002 11:41:35 PM
From: limtex  Read Replies (2) of 99280
 
ZH - SUNW's last announcement that things are getting worse is what ahs put the l;atest skids under the market.

I can't expalin why if the economy is expanding that SUNW and oterh tech favorites haven't seen a pick up in revenues. What is clear though is that the economy is recovering. Yes it is strange that we don't see it but the recent annoucement of the increase in tax revenues sequentially supports this view it wouldn't have happened if it wasn't real.

The differnce is that this increase is primarily in small companies earnings. If this is a recovery led by small companies then this is very significant since historically it is small companies that are responsible for generating most of the new jobs in the economy.

Best,

L
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