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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jorj X Mckie who wrote (42219)1/14/2003 7:38:13 PM
From: Haim R. Branisteanu  Read Replies (2) of 52237
 
Jorj, I base my anticipation of a stronger business environment in the tech sector on two factors

1. wear and tear of existing equipment and also marginal on better / faster technology which justifies investments

The cycle of purchases of new equipment expanded from around 3 years to 5 years by having 1999 as a base point in tech.

2. Growth in India China and Russia & CISS (If I am correct Russia had a substantial trade surplus ) The economies of those countries are still growing around 5 to 8% a year (as far as population is concerned this group has 2/3 of the world population).

I may be wrong but certain cities in those countries are exploding with commercial activity and their middle class surpasses the US population.

BWDIK
Haim
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