This Tech Run Has Only Begun
By Jim Cramer
About this article:
What year are we in? Is it 1999, and we are about to fall off a cliff? Is it 1987, and we have just had too big a run? I don't think so. To me it feels like 1995, and we are just now being rewarded premium multiples for growth and for pricing power. That's what happened to tech this week. I think the next level of Internet programming is here, and it will cause a tremendous amount of growth for so many tech companies. That hasn't happened since 1995. That's when the big moves were made. I am up 15% on the four horsemen in a month -- Amazon, Research In Motion, Google and Apple -- and I don't think that we are anywhere yet. But so many people have gotten off these already because they are "up too much" that I don't know what to...
continues but I dont subscribe to the article, 1st few sentences were why it needs to be posted.
By Jim Cramer
About this article:
What year are we in? Is it 1999, and we are about to fall off a cliff? Is it 1987, and we have just had too big a run? I don't think so. To me it feels like 1995, and we are just now being rewarded premium multiples for growth and for pricing power. That's what happened to tech this week. I think the next level of Internet programming is here, and it will cause a tremendous amount of growth for so many tech companies. That hasn't happened since 1995. That's when the big moves were made. I am up 15% on the four horsemen in a month -- Amazon, Research In Motion, Google and Apple -- and I don't think that we are anywhere yet. But so many people have gotten off these already because they are "up too much" that I don't know what to...
continues but I dont subscribe to the article, 1st few sentences were why it needs to be posted.