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May 22, 2002

Tech recovery still a ways off

A fairly depressing story from Washtech.com noting that the tech recovery is still not in close view. Among the points:

    -- The Nasdaq is down 13% for the year
    -- Venture investing for Q1 was down from Q401, and a recovery will lag a rebound in the public markets
    -- Biotech, thought to be the bright spot, has taken some big hits recently
    -- Telecom may not recover until 2004
    -- The tech recovery will probably lag the end of the recession by a year

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This page contains a single entry by Chris published on May 22, 2002 2:44 AM.

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