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The fall of tech stocks is on concerns about a lower spend on IT in the US, on fears of a slowdown and after a collapse there of the dotcom sector which has wiped out $ 1 trillion in market capitalisation of these stocks.

I'd be thankful if you could explain "The fall of tech stocks is on concerns about a lower spend on IT in the US, on fears of a slowdown"

2006-10-31 05:11:27 · 5 answers · asked by Language C 1 in Education & Reference Words & Wordplay

5 answers

The fall of tech stocks was due to concerns about lower IT spending , and fears of a market slowdown; after a recent dotcom collapse that wiped out $1 Trillion in market capitalization.

2006-10-31 05:23:27 · answer #1 · answered by dantheman_028 4 · 0 1

Nope -- something tells me you know this -- the problem is knowing WHY it's wrong. It's wrong for several reasons. First, inserting one or two words would help ("The fall of tech stocks is BASED on concerns..."). Also, instead of using the phrase "a lower spend," it would be more effective to say "lower spending." The very last phrase "on fears of a slowdown" should follow after the words "on IT" and should be joined to the previous clause with the word "and." You might also clarify the slowdown with the word "economic."

The rest of the words in the statement are another matter and an entirely different sentence that should be dealt with as a seperate sentence.

Therefore, my suggestion for the portion you asked about is: "The fall of tech stocks is based on concerns about lower spending on IT and fears of an economic slowdown in the US."

*Whew!*

2006-10-31 13:30:19 · answer #2 · answered by Rodeba1 2 · 0 0

Business writers have their own language. Let's try "Technical stocks have lost value because U.S. consumers are buying less from information technology companies. Investors are afraid the industry will not gain new customers, remembering the collapse of many internet start-up businesses with a resulting trillion dollars in losses for those stockholders." I hope that does not oversymplify.

2006-10-31 13:20:28 · answer #3 · answered by Kacky 7 · 1 0

It's a very confusing run-on sentence. Frankly, I'm struggling, and I'm an editor. Perhaps if you could provide the context -- where did this sentence come from?

2006-10-31 13:33:49 · answer #4 · answered by Anonymous · 0 0

WHAT????????????

2006-10-31 13:14:34 · answer #5 · answered by Anonymous · 0 0

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