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Technology Stocks : Corel Corp.

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To: Eveline Bernard who wrote (2941)10/14/1997 5:04:00 PM
From: A. Reader   of 9798
 
Eveline,
Great post. Thanks for taking the time and `connecting the dots' for us. You pose some good questions too. Your last question: < Will Corel have enough marketing power to push this new technology?>

I don't have the answer to the question but I like this from George Gilder's
Life After Television:

Hanging above Peter Sprague's desk is a quotation from Machiavelli's The Prince, which explains the obstacles to innovation: "It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than the creation of a new system. For the initiator has the enmity of all who would profit by the preservation of the old institutions and merely lukewarm defenders in those who would gain by the new ones."

The Machiavellian truth, therefore, remains a central problem for Peter Sprague and most other American innovators. It leads to a complementary truth voiced by Peter F. Drucker, Machiavelli's visionary 20th Century counterpart. On grounds similar to Machiavelli's, Drucker contends that no new system can displace an established system unless it outperforms it by a factor of 10. Otherwise, the established system will have enough money, momentum, expertise, legal clout, capital plant, installed base, and satisfied customers to hold off the new concept.
Regards,
Kurt P.
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