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Technology Stocks : PC Sector Round Table

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To: Gottfried who wrote (675)	8/4/1998 7:16:00 PM
From: Stitch	Read Replies (3) of 2025

GM, Gillmore's broad side at the software industry is extremely well placed IMO. He is absolutely right and has discovered a key element in the psyche of this market. We do not complain about these shortfalls in performance because we have come to want them. It is best expressed as technical snobbishness I guess. It is that response in us that suggests to ourselves that we are somehow better if we geek our way through the installation and operation of a product that, as Gillmore points out, would be a reject in any other market. Somehow by surviving a booby-trap strewn installation, we believe we have stepped up into an elite class of "knowers and doers" leaving the technically challenged rabble behind. Therefore "geekism" joins the great list of status symbols. In the early 50s it was simple ownership of a TV, then later in the decade owning two cars that brought status. In the 60s it was having a personal guru and in the 70's it was golf club memberships and personal accountants. The eighties saw the currency of wine collections, BMW's and other euro sedans rise. Now in the nineties, with the internet well entrenched in the pop psyche, it is "geekism". What a wonderfully absurd world we live in. Best, Stitch

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