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To: limtex who wrote (112051)2/2/2002 8:47:42 AM
From: T L Comiskey  Read Replies (2) | Respond to of 152472
 
L...taken from Zeev's thread
Best T

NASDAQ 100 Companies Report Combined Losses
of over $82 Billion to the SEC
While Reporting Profits of $19 Billion to Shareholders
© 2002 SmartStockInvestor.com, LLC

<<<For the first three quarters of 2001, the one hundred companies that make up the NASDAQ 100 reported $82.3 billion in combined losses to the Securities and Exchange Commission (SEC). For the same period, these companies reported $19.1 billion in combined profits to shareholders via headline, "pro forma" earnings reports-a difference of $101.4 billion or over $1 billion per company. >>>

read the article at:

smartstockinvestor.com



To: limtex who wrote (112051)2/2/2002 11:56:35 AM
From: saukriver  Respond to of 152472
 
If MSFT, INTC, CIEN, JDSU etc etc sayt thee is not even a sign of a recovery in their businesses then there is no recovery.

Huh?

That the personal computer market is mature is not news. Don't expect MSFT and INTC to lead the market higher. People have a PC and there is no compelling reason to buy another one. I would bet the average PC replacement cycle is over 2 years and will ebb back towards 4 as people get comfortable that the machine the have is pretty darn powerful

That we have gobs and gobs of lit and dark fiber (and therefore do not need huge amounts of fiber optic components) is also not news. Don't expect JDSU or CIEN to the lead the market higher.



To: limtex who wrote (112051)2/3/2002 2:53:53 PM
From: Maurice Winn  Read Replies (2) | Respond to of 152472
 
<Proctor and Gamble is a fine company but it can only go so far in growth. The engine of growth is technology, no tech growth no economic growth.>

Lim, yes, technology, [meaning electronics, computing, photonic stuff], is where the spectacular growth will occur, because the companies bringing in new things have 6 billion people as potential new customers.

But the real engine of growth is the desire for goods and services of 6 billion people. There are now more humans alive than ever and the growth rate has been huge for 100 years and they are wealthier than ever and increasingly urban dwellers rather than rural subsistence survivors. They are increasingly positioned to take part in economic growth. China and India for example, are ditching the old socialist/communist ways. China's economic growth rate has been huge for 2 decades.

Procter and Gamble has got 6 billion potential customers. Yes, cleanliness is to some extent cultural, but clothes washing, even in a creek, is a popular human activity. When they can afford the mod cons, people will buy them. So even P&G has vast growth prospects.

The engine of growth is huge and young.

They will all want a cellphone because they all want to talk to their friends, family, customers and employers. They all want to know wassup, so they'll all want cyberspace. So yes, the technology companies have the greatest growth prospects [most people now have all the soap they want but few have cellphones].

Mqurice