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Cash Reserves Secure Today's Tech Players

Easing fears of an industry-wide collapse, many of today’s tech companies have healthy cash cushions, The Wall Street Journal reports. In fact, an analysis of 148 U.S. tech firms with recent or pending IPOs found all to have at least enough cash to last them a year, WSJ reports. “Those findings are in contrast to the health of young tech companies during the last run-up of U.S. technology stocks, which peaked in March 2000.”
 

Read the whole story at The Wall Street Journal »

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