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Skip Navigation LinksHome :: High-tech stocks: Cash return or crash and burn?

July 1996

High-tech stocks: Cash return or crash and burn?


In the space of a few years, the Californian boutiques helping high-tech companies come to market have seen their profitable niche invaded by major Wall Street firms. Now banks and investors from across the Atlantic are threatening to get in on the act. But are the Europeans buying into a maturing industry - or a market reaching its top? Michelle Celarier investigates


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