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


To: brunn who wrote (74240)4/5/2001 11:12:27 AM
From: Wayners  Respond to of 99985
 
We had a new type of institutional investor--the revenue and earnings momentum investor who had no qualms about paying huge multiples provided the year over year growth numbers were still increasing. They all secretly thought they would be the first ones out when the inevitible came and the growth rates just started to slowdown. They were all expecting to get the growth is slowing information before everybody else through their analyst buddies.