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The stock market has changed drastically in recent years due mostly to the introduction of new technology. Technology stocks are often referred to as, "the new economy". "Old Economy is a phrase used to describe the world we knew when the Dow and blue chip companies were the most important influences in the stock market. New Economy is a phrase used to describe the "dot com" world of instant millionaires and multibillion-dollar companies barely 12 months old." New economy companies are faced with many problems in trying to attract investors and customers. Because they are totally new they have to be judged differently than old economy companies...
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