Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (21463)	7/23/2004 4:29:17 PM
From: Tradelite	Read Replies (1) \| Respond to of 57684

<<Those that dismiss the tech sector so easily are usually making excuses for why this economy sucks>> Lizzie, with all due respect for your opinions, sometimes you appear to believe that the tech sector is the be-all and end-all of our economy. The tech sector does great things, which help the big engine-type companies of our economy (the manufacturing companies, as one example) to work faster, better and more efficiently, at less cost. The big-engine companies buy the technology from the originators (the Microsofts, the semis, etc.) and use it to make progress. When the tech sector produces new, wonderful things, it can sell those things to the big engines of the economy, who have the money to run with the innovations. For example, the biotech companies can sell their innovations to the big pharma companies, but don't have the resources to manufacture, market and sell the end-products themselves. Meanwhile, much of the tech sector still sucks up venture capital and the stock market money of small investors and burns it up. Investors anxiously await the next big thing from the tech sector. Unless the tech sector has some healthy big guns to sell its technology to, the tech sector is sort of....nowhere.

To: Lizzie Tudor who wrote (21463)	7/23/2004 7:30:49 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 57684

a grueling bear market. The S&P was up over 25% last year and the Nasdaq did much better than that. Maybe no one's told you, but that's not a bear market. Your statistics come from the same people who gave us an 8% GDP with "the strongest economy in 20 years" <wink wink> Yes, when confronted with facts, deny them. I predicted you'd respond that way. Message 20337485 As for the tech sector never recovering, heres the problem. We (the US) GAVE AWAY our manufacturing sectors in order to focus on the new economy. So, if the new economy never recovers as you are implying, we are screwed as an economy. Back to the 70s we go. I didn't say the "tech sector" would never recover - much of it IS recovering. I DID say many of the high-flyers that benefited from bubble valuations and bubble (i.e. unsustainable) tech spending by other bubble-driven companies would never recover. Then there's the part of the so-called "new economy" that was no more than a bunch of hot money following the latest dot con scheme that deserved to die.

To: Lizzie Tudor who wrote (21463)	7/24/2004 8:51:22 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 57684

Lizzie, Facts seem to contradict nearly everything you are saying. S&P earnings are expected to come in around $65 for 2004 and almost $70 for 2005. That is an all-time RECORD! Moreover, much of the S&P is technology which is seeing record quarterly revenue(MSFT, INTC anyone?). Re: stops lying about the economy. Your statistics come from the same people who gave us an 8% GDP with "the strongest economy in 20 years" <wink wink>, accompanied with ZERO job growth and a grueling bear market. You may not agree with statistics, but it is hard to argue the economy is weak when INTC is forecast to have $9.2B in revenues this Q. One thing I will agree with it it's been " grueling bear market"