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Strategies & Market Trends : Galapagos Islands

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To: Oral Roberts who wrote (44321)7/17/2003 8:33:05 AM
From: Techplayer  Read Replies (1) of 57110
 
Many of the "weak" were also able to raise between 100 million and a billion + extra dollars during the last bubble. Those companies for the most part have just hacked their personnel and spending rates to get the burn down to sustainable levels. I can attest that the start-ups have certainly been weeded out for the most part. There will be more failures, but we are certainly past the 1/2 way point in that cycle.
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