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To: rkral who wrote (116209)3/29/2002 9:39:27 AM
From: kech  Read Replies (1) | Respond to of 152472
 
"inflection point" My websters says "a. change in curvature with respect to a fixed line from concave to convex or conversely or b. the point wherre such a change takes place.

I usually thought of it as the second derivative being equal to zero. In an S-shaped curve with profit growth on y axis and time on x axis this unfortunately would occur as very rapid growth slows. Let's hope inflection could also be used to describe the first derivative as well. In this case, profit growth might have slowed to zero for a short time after rapid growth and is now beginning to increase again (upside down s-curve). This period with first derivative =0 might also be considered an "inflection point".

Tom (Obviously with too much time on my hands this morning)