Lava Systems (LVA:TSE) Message Board

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Gold/Mining/Energy : Lava Systems (LVA:TSE)

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To: J.P.Campbell who wrote (59)	11/30/1998 3:26:00 PM
From: Serge Collins	Read Replies (1) of 102

Sure glad I sold this stock in the spring near the high for the year. This earnings warning is very ugly but it is typical of the software business. I will never buy another software stock! That whole industry is a bad place to be as very few companies can make a go of it. Software is dominated by a few big companies and the rest just drift aimlessly, no profits, no prospects and no future. This is a major problem for the software industry, very few can actually make money in the long run. It's a cutthroat, competitive environment where little investment is required to get started and it attracts too many people trying to make money in a business where most of the money is made servicing what you give away for free. Good luck to all shareholders.

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