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Technology Stocks : Oracle Corporation (ORCL)
ORCL 222.86+1.4%2:49 PM EST
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To: Hardly B. Solipsist who wrote (17818)1/14/2003 12:33:18 PM
From: Lizzie Tudor   of 19079
 
She is concerned that the bursting of the bubble has been destructive of the up-and-coming small tech companies

At least we have google.

And as for stocks, there are already a group of leading (smaller) tech companies that seem to be the strongest in this move off the oct lows, which fwiw I think will prove to be THE lows, anyway these are companies like NXTL and BEAS. So maybe the emerging strength is in companies that are already public this time, since everybody went public in the 90s even when they technically probably shouldn't have.

BTW on this issue of growth in tech, I think it is all stemming from the sluggish PC sales (although personally I think PCs have to start moving soon because Websphere needs more than a PII and IE 6.0 is required for an XML parser and tons of companies out there are still running Netscape 4!) but anyway we have areas in software that are growing at a 30% clip such as app servers, and for that matter all of online retail is growing 30%- and this was in a recession. Personally I think online sales will likely grow in y/y growth rates closer to 50% in the upcoming years, the old "tornado" growth curve. So its not like there is no growth in software, or wireless/wifi, or broadband. Its just that all of tech is not growing at once.
L
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