The AI CapEx Boom, Scorching Cash Burns And Dotcom Circle Jerk 2.0 (Part 2)

In Part 1 we revisited the late-1990s telecom and technology equipment boom and showed how booming reported sales and earnings at the tech high flyers of the day— Cisco, Nortel, Lucent and their peers—-rested upon three unstable pillars: scorching venture-capital burn rates. circular money flows via vendor financing. highly speculative capital-market equity and debt funding […]

You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.