Net stocks now lead, but GOOEY or GERQY?

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Includes: AABA, EBAY, GOOG
by: David Jackson

ThinkEquity's Michael Moe argues that the US economy is now dependent on the health of Internet companies rather than industrial companies like GM:

Our view is that in the knowledge economy and global
marketplace, growth will be driven by intellectual capital. The general
ecosystem of Silicon Valley attracts brainpower, entrepreneurism and
capital – all necessary to propel the next “big thing.