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To: Sarmad Y. Hermiz who wrote (128713)7/21/2001 1:20:17 PM
From: H James Morris  Respond to of 164684
 
>Actually, I'm more looking for explanation rather than consolation
Investors are leaving tech stocks who have no history of making a profit.
Except for Bio-tech, because they're not expected to.
siliconinvestor.com



To: Sarmad Y. Hermiz who wrote (128713)7/22/2001 11:01:46 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>Bankrupting both themselves and their established competitors.
Yeah, and the established are going after their competitors too.
Look at Dell. Michael Dell has made it clear since he's the low cost producer with lots of staying power he's going to grab as much market share as he can.
I have no position in Dell but had I bought Dell at the beginning of this year I'd be up 59.9% ytd.


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