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Technology Stocks : Emulex, What Prospects?
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To: iceburg who wrote (124)3/27/1998 10:53:00 PM
From: Greg Jung  Read Replies (1) of 788
 
That's good, thanks. This thread needs more material.
Obviously the market focus isn't on new systems - witness the demise of Jabil Circuits and Rambus Tech - but it has evolved beyond the merely physical to the ephemeral with the likes of Yahoo, Lycos, and Lucent.
If earnings can't justify the new stock price then dreams can. Which reminds me about egghead software, they closed all stores and are basically another mail-order web site for parts (except without the discount). I suppose they'll announce an deal with AOL and go to $90.

Greg
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