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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (7256)5/29/2001 2:22:13 AM
From: Mark Fowler  Read Replies (1) | Respond to of 57684
 
I'm staying long. All i'm saying is this could be a short term pause, more profit taking.



To: Bill Harmond who wrote (7256)5/29/2001 12:25:29 PM
From: craig crawford  Read Replies (1) | Respond to of 57684
 
>> I think the institutions know they have to reinvest in technology now or later. <<

That's not a good solid fundamental reason to own technology. That is bubble mentality. We have to buy because prices will just be higher if we wait.

>> There are companies growing at high double and even triple digits through this. Hell, Avici's sales increased quadruple digits last quarter didn't they? <<

That's always going to happen when they are really small. Off of small bases they can show some fantastic growth. They usually run into trouble when their revenue base is $1-2 billion.