An Admittedly Very Conservative Idea...
Hmmm... cash is looking real, real good now.
But, beyond cash, which is a non-investment unless you have enough of it to launder your cocaine-smuggling friends' ill-gotten gains, here's my thinking for the New Market... i.e. big quivering mass of uncertainty.
Try to find a company who is PROFITABLE or almost profitable off-line...and just now beginning to explore the possibilities of how e-commerce can change their business processes, open new markets.
I know, I know, this doesn't sound exactly like genius... not that you expected that, mind you. And it even sounds almost stupid when you realize how hard it might be to find companies on the electronic cusp. Found one the other day: TRAC, which has been selling investment and market tracking software offline... but now has opened a Web site with streaming real-time quotes (reasonable monthly price) and something they say approximate real-time quotes (which, I think, is free or almost.)
They are profitable... not hugely so... but profitable.
Now, this is my new MODEL. A company that's offline and profitable. That's just beginning to explore the online realm, or (for the more venturesome among us) could even be projected as a natural e-commerce evolutionary play. Kind of conservative. Kind of safe. Kind of interesting?
I leave that to others.
Best Regards,
c m |