Re: Tech industry says IPO market has dried up
High tech seeing more buy-outs and mergers then IPO's of late. Spending money but it's not a long term investment angel doing it. Some synergy makes sense with a consumer no longer able to get credit cards or a home equity loan by breathing, the overall market size will shrink. Buying out your supplier or customer will elminate some costs. But a company can also get too stretched out to manage and that can lead to mistakes and crappy quality control. And we can't afford that - quality and brand name are what we hold over the other producers that only have price on their side.
"All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python
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