Stardate 20010924.1708 (On Screen): SiliconValley.Com lists the
Fastest 50, the fifty companies in the Bay area whose sales grew the fastest in the last 12 months. A better name for them would be "Walking dead"; just look at their losses! As SV says, they managed to do $10 billion in sales, but only by losing $28 billion. Sounds like the remnants of the "new economy" to me. Those numbers are a bit deceptive; more than half the losses were by a single company (Verisign); but only three of the fifty actually managed to turn a profit. How many of them will be OOB by next year at this time? Recession, heck; this is just bad business practice.
(discuss)
