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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (47723)4/22/2000 7:01:00 PM
From: Benkea  Respond to of 99985
 
Oh boy, looks like I get a chance to rebuy:

securitytrader.com



To: Benkea who wrote (47723)4/23/2000 3:06:00 PM
From: Jorj X Mckie  Respond to of 99985
 
Benkea
The author also posits that the "old economy" will slow their infrastructure spending if the .coms aren't breathing down their throats thereby forcing them to spend. Many of the "old economy" companies were rushing frantically to spend, spend, spend to keep up with the easy capital obtaining "new economy" .coms who were eating away at their market share (at a loss). Of course, this point is largely moot if the capital markets reopen for the .coms.

I would guess that the capital markets will only reopen for the dotcoms if the "old economy" companies hesitate with their infrastructure spending. I stated on this thread some time ago that anything that is labeled as a pure "dotcom" would be doomed (this was about 4-5 months ago). This was assuming that the old economy business adopted an internet model (and I am talking about more than just e-commerce). If the old economy business stop their infrastructure buildout, then I will start investing in pure dotcoms again.
JXM