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SAN FRANCISCO,
ThinkEquity Growth Conference, Sept. 27 /PRNewswire/ -- ThinkEquity
Partners, a leading research-centric institutional investment
firm, last week unveiled a groundbreaking research report
on the growth economy, titled "Think Growth!" at
its highly successful growth conference in San Francisco.
The report includes a detailed study of growth trends over
the past 10 years, and predictions for growth in specific
industry segments.
Key findings include:
--
ThinkEquity estimates the current "growth economy"
to be nearly
$4 trillion in market size.
-- The "growth economy" is expected to increase
to more than $6 trillion
by 2008.
-- In analysis of the top 25 performing companies over the
past ten years,
these companies experienced average annual price performance
of 38%,
growing an initial $10,000 investment to more than $250,000.
In the
first 5 years (1993 to 1998), a period comparable to today's
early
economic recovery, the average performance was an impressive
75%, with
a cumulative sixteen-fold return.
-- Over the last 10 years, the total market capitalization
of growth
companies has risen from just $300 billion, to nearly $1 trillion,
accounting for 10% of the total increase in market capitalization.
From
1995 to 1999, the contribution to market growth averaged 25%,
despite
growth companies comprising just 14% of the equity market.
The
report also uncovers twenty industry segments that ThinkEquity
expects to grow by more than twenty percent annually. These
segments include: Wireless Enterprise Software and Value-added
Services, Internet Advertising & Marketing, Content Management
& Collaboration, Web Services, Application Security, Voice-over-IP
and Nanotechnology.
ThinkEquity also identifies that smaller cap companies are
an untapped area of investment with significant growth opportunity.
Findings include:
-- Currently, of the 2,100 publicly traded nano-cap companies
in the U.S.
only 130 have analyst coverage, or just 6%.
-- For micro-caps, the percentage covered by analysts is 54%,
with
approximately 900 micro-caps uncovered.
-- Combined, the total number of nano and micro-cap companies
without
analyst coverage numbers 2,900 or 40% of all equities. Even
for those
that do have coverage, it is often with just a single analyst
providing
research.
-- Of the 25 best performing companies over the past 5 and
10 years, the
average market capitalization at the beginning of each period
was just
slightly more than $100 million -- qualifying these companies
as micro
caps.
"Investors that are early to identify
the potent combination of a dynamic market with open-ended
growth, and companies executing their business to achieve
a disproportionate share of the market, will receive the benefits
of the growth premium, while those that are late will pay
it," stated Michael Moe, chairman and CEO at ThinkEquity.
"Our strict research methodology, which we put to test
in this research, uncovers the most promising emerging growth
opportunities for investors and ThinkEquity is committed to
providing the best analysis of the growth economy."
The report is based on ThinkEquity's comprehensive system
for identifying growth investment opportunities. The foundation
of ThinkEquity's approach is its framework to assess future
growth market opportunities and to identify companies that
are poised to capitalize on respective growth markets. The
framework, which is discussed in detail within the report,
includes ThinkEquity's "inverted triangles" methodology
of megatrend identification and its "4Ps" analysis
and scorecard.
ThinkEquity released the findings at its second annual Growth
Conference, featuring over 100 CEOs from the fastest growing
companies converging to discuss current trends in the growth
landscape.
About ThinkEquity Partners
ThinkEquity Partners is a research-centric institutional investment
firm focused on the growth sectors of the knowledge economy.
ThinkEquity Partners is dedicated to providing focused insight,
advisory services, and capital to institutional investors
and corporate constituents in the knowledge economy's key
growth verticals, including technology, healthcare, business
services and knowledge enterprises. For more information about
ThinkEquity Partners, please visit www.thinkequity.com. Member
NASD and SIPC.
Source: ThinkEquity Partners
CONTACT: Katie Soffey of ThinkEquity Partners, +1-415-249-2927,
or
ksoffey@thinkequity.com
Web site: http://www.thinkequity.com/
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