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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: John who wrote (173731)6/19/2002 12:07:33 PM
From: reaper  Read Replies (2) of 436258
 
John, a most excellent post. There are still WAYYYYY too many tech companies, which will keep them fighting like mad for what little market is actually left ("two bald guys fighting over a comb", as it were). There is also massive over-capacity in the financial services arena (mutual funds, investment banks, mortgage lending) which will need to be consolidated. Also, note that financial services is the largest user of tech products; so the second derivative of the financial services business getting smaller is an even smaller market for tech.

Cheers
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