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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (78717)3/28/2000 11:50:00 AM
From: John Koligman  Read Replies (1) | Respond to of 132070
 
Heinz,

I read an interesting article in one of the business rags recently that I don't recall the exact figures on <ggg>, but thought I'd mention it in regard to our discussion. The article was a survey on how long a select group of firms was able to maintain strong growth. Unfortunately, my mind is cluttered with numbers and I don't remember the figures here, but the bottom line was that there was only 'one' company that was able to sustain this growth for 10-15 years, and that was IBM in the 60's and 70's. If history repeats it doesn't bode well for the current crop of tech darlings.

Regards,
John



To: pater tenebrarum who wrote (78717)3/28/2000 10:36:00 PM
From: NickSE  Read Replies (3) | Respond to of 132070
 
Come on, are you telling me you aren't rooting for CSCO to become the 1st company with a $1 trillion dollar market cap? >g<

again, this is not in any way a judgment on CSCO's qualities as a company, merely on valuation. of course it is always possible that we are really in a new era and the lessons of history no longer apply. certainly feels that way at times, and yet i can't bring myself to believe that. human nature doesn't change after all.


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