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It hung on. The merger with Alcatel was meant to make it so it could win as much business in Europe as it did here. But new technologies were liked there, too. The brand name? The finest brand name in the world, Bell Labs? It became like Kodak. The patents? They have millions of them. All of those Nobel Prize winners!
Two Growth Stocks Restore the Market's Faith Posted at 10:08 a.m. EDT on Wednesday, Nov. 21 High-multiple heaven! Thank you, Chipotle Mexican Grill (CMG), with your accelerated share repurchasing showing how cheap you really are. Thank you, Salesforce.com (CRM), for delivering a quarter that is led by strength in Germany and France! Sometimes we can't remember why we like growth stocks. Sometimes because it has been hellish, frankly, ever since Chipotle dropped 100 points in a day. Now it seems to have stabilized, and that can lead one to the conclusion that another part of the bear -- the relentless compression of the high-multiple plays -- may be running its course.