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Now, we're beginning to see a similar trend from MySpace, the once-shining social network that has been recently hit by stagnating growth, waves of layoffs (both in the US and abroad), and the ousting of its co-founder CEO.
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"We don't ride a growth wave of G.D.P.," he said.
Amy Hogan, Thomas Callan, and William J. Wykle, who run the $848.4 million BlackRock Mid Cap Growth Equity Portfolio, are riding the crest of the mid-cap growth wave.
Riding the 1990's growth wave in high-end grownup apparel, lots of retailers went kiddie, with lines like Kenzo Junior and Baby Dior, both owned by LVMH Moët Hennessy Louis Vuitton or Sonia Rykiel Enfant.
Back then just about every owner of an old warehouse dreamed of recycling it from industrial space to cyberoriented space to meet the demand from tenants riding a growth wave.
Depite the gloom and doom, some analysts are optimistic Cisco can use this restructuring to position itself for the next growth wave.
In the late 1990s, when the markets were bubbling like overheated oil, the two managers of First Eagle Funds lost half their investors to competitors riding the growth wave.
Competitors MySpace and (increasingly) Google are gunning for control of the social graph, which may be the engine that drives the next big growth wave in advertising.
"The alternative energy industry is in the very beginning of a huge growth wave, and has the potential to create good jobs that cannot be outsourced, so it can be part of the economic solution," writes Millstone.
The alternative energy industry is in the very beginning of a huge growth wave and has the potential to create good jobs that cannot be outsourced, so it can be part of the economic solution.
Now billions more are getting somewhat rich (but not "very rich") at a reasonable clip (but not "rapidly")–as soon as one sub-economy becomes rich (the east coast of China or south India), the growth wave moves to the next-in-line poorer one (central regions in China or north India).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com