After the bubble, the whole sector really started to crash and burn. But just like there was excess on the upside, there was excess on the downside, and what we're seeing now is that there are some real companies addressing very large markets that are now, for the first time, reaching scale and beginning to get to profitability.
More Quotes from Mark Rowen:
In our view, the remaining 2.7 billion of firm value is an implicit valuation for the rest of the product categories. We find it hard to understand why segments such as consumer electronics and toys should be valued at such a high level.Mark Rowen
We believe the company is building a war chest for future acquisitions,
Mark Rowen
New television technologies appear ready to take center stage this holiday season, as price declines of 20 percent to 30 percent per annum over the past few years have made flat-panel big-screen prices affordable to upper-middle-class and even middle-class households,
Mark Rowen
pretty good for a traditional retailer, but for an Internet company, we would expect much faster growth.
Mark Rowen
Despite disappointing results in the core toy business last year, we are upgrading our rating on the company based on a revised sum-of-the-parts valuation,
Mark Rowen
Basically, (GM) is dependent on the new truck launch and whether it's accepted,
Mark Rowen
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Based on Topics: Time QuotesOver the last few years, the world has become a smaller and more integrated place with technology that is leveling the playing field like never before.
Ron Kind
Alas, how quickly the gratitude owed to the dead flows off, how quick to be proved a deceiver.
Sophocles
There is nothing in which people more betray their character than in what they laugh at.
Johann Wolfgang von Goethe