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Tech stocks rock Europe, too

PRAGUE, Czech Republic -- The daily water torture on the Nasdaq is also front-page news on this side of the Atlantic.Industry leaders say the sell-off in tech stocks has forced many of them to overhaul their tactical -- and even strategic -- planning in response to heightened pressure on many startups to turn a profit sooner, rather than later.
Written by ZDNET Editors, Contributor

PRAGUE, Czech Republic -- The daily water torture on the Nasdaq is also front-page news on this side of the Atlantic. Industry leaders say the sell-off in tech stocks has forced many of them to overhaul their tactical -- and even strategic -- planning in response to heightened pressure on many startups to turn a profit sooner, rather than later. In other words, kiss any lingering pipe dreams of instant riches a fond farewell. Full story. -- Charles Cooper, ZDNet News

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