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To: JRI who wrote (10318)	2/16/2001 10:50:26 AM
From: Sully-	Respond to of 13572

>>"Steve Mulonovich of Merrill just talking about tech stocks possibly being dead for next 2 years...that we are stuck in a "transition" to the next "new, new" thing...."<< The key to his discussion was that companies with $30 billion in revenues usually hit a wall & growth slows.... he said that the companies in that category in tech should hit a wall & their growth will slow going forward & their will be a transition to the smaller more nimble tech..... since the large revenue companies will be a drag on the NAZ (heavier weighting), it will appear that tech is slowing while the smaller companies continue to innovate & grow. At least that's how I heard it. Ö¿Ö