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Phil's Blogservations
Thursday, October 24, 2002
Posted by philgomes 7:43 PM
EETimes On The "Lethal Recovery":
EETimes' Ron Wilson offers some excellent commentary on how the economic recovery—real or prayed-for—might take shape. In short, "size matters at the dawn of the 'lethal recovery'" Meaning? Well, consolidation will reign—in the electronics industry and elsewhere. Mr. Wilson offers some interesting picks for which companies they think are going to be acquisition fodder in the coming years. Among the article's many astute points: This time there is no obvious candidate for the next big thing. No existing technology has the combination of novel utility, wide appeal and lack of infrastructure or financial barriers that, taken together, would spark rapid growth. And with public, corporate and individual debt all at epic levels in the industrial world, the financial freedom to pay for the next big thing appears to be lacking, even if it should suddenly appear.
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