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To: Les H who wrote (9481)3/9/2003 1:32:33 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
yeah but most of those are effectively gone as valid businesses. There are a few out there like wcom who look like they will be revived but most are toast forever.

If that is what McKinsey is looking at though (the fact that companies like MFNX still have a corporate office somewhere even though it is essentially vacant)- then I agree, more consolidation. But the number of real, valid players in tech is no longer excessive imo. We had all the consolidation in 2001/02- and a bunch in late 2000 too.

This is consolidation I'm talking about, not valuation btw.



To: Les H who wrote (9481)3/9/2003 3:48:58 PM
From: GraceZRespond to of 306849
 
Boy, that's a stroll down memory lane. Anyone who is contemplating investing in the stock market should be forced to go look at the most active list on that site. People have to understand that any stock they buy can go to to zero (although they never seem to make it all the way to zero).

The very first day of an investment class I took years and years ago, the teacher threw up a slide of the WSJ stock listings from 20 years previous. There were all kinds of companies that no longer existed that had been great firms in their day. It was a good first lesson and one I'll never forget.