2022 Geospatial Tech Trends, page-5

"Tech slaughter" is probably not an apt tag to apply to technological stocks that are profitable. Stocks like MicroSoft and and Oracle have their minor ups and downs, but they are not being "slaughtered".

For gunna-make-a-motza stocks, people grow wary of the "story" after a number of years,and NEA is no exception. Seven years in North America, and still unprofitable there is not a comforting story. If Management can say something about the prospects of a turn-around in the USA, the SP could take off like a rocket. Maybe NEA now needs a different type of CEO - somebody who knows how to run a business.

I had a look at Microsoft and Oracle a few minutes ago. Both are profitable, and have been so for years. At COB on 27/01/2021 their SPs were $US230.96 and $US61.61. At COB 26/01/2022, the respective SPs were $US296,71 and $US71.59. That is not fantastic, but it is not a "tech slaughter".