Featured Story: Opinion: Three ways Wall Street hurts tech

Monday, 29 September 2008 08:18

The debacle on Wall Street will tighten the belt for a maturing electronics industry in three ways. It will cool a hot beta market once hungry for its latest high end computer and communications gear, it will tighten a source of financing that has helped companies soldier through tough times and it will create a difficult economic climate that will color all its activities.

These effects come at a time when the electronics industry is maturing, managing all costs closely as it learns to live with growth rates increasingly measured in single digits. In the short term, the belt will only get tighter.

Wall Street's investment banks, once the "masters of the universe," are disappearing or morphing into more conservative commercial banks to survive the fallout from their over-aggressive investments in the poorly capitalized housing market. The result will be fewer, more conservative operations less willing to push the envelope with data centers that try to compute arbitrage opportunities to the nanosecond.

Read more in the September 25, 2008 EE Times

"Opinion: Three ways Wall Street hurts tech "

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