The signs are there . . .

Reading the entrails, as so many appear to have time for -- or get paid for, which is better, it's starting to look a lot like the cycle reached its low-end inflection point a little while ago and things are heating up. This is particularly so in the technology area where the new canary is still singing -- not loudly -- but singing nonetheless, as this Toronto Star [Daddy's got a brand new left-offrom-the-centre-of-the-universe source. ed.] piece about Ciena's acquisition of Catena Networks, in Ottawa, shows. Also of note, the NYTimes has a story and popup about the rapidly increasing value of M&A these days. And, that's just today.

Meanwhile, on other pages of the same papers are stories about a poor job outlook dimming the U.S. economy -- and more of the same.

Which only goes to show that it's not the entrails, it's who's looking at them.

Posted by Grayson at February 25, 2004 07:23 AM