Pat,
as usual, a post right on the money! and immediately in my files.
<The beauty of investing in components companies is not having to decide which vendor wins. Let the giants jockey for space ... >
you saw the thrust of my question. but i find myself coming at it from the other side of the mirror. i've decided that since i've made some money on the components: jdsu, sdli, brcm, amcc, and all of them have rocketed to 100s x earnings, i've taken my profits from those - and q - kept in each the original dollar amount i put in each, and put the profits in nt and lu who between 'em control about 60% of the market, have the best labs, have net earnings, have over $6 billion a year between 'em for r&d, are in every photonic and wireless technology whichever technology will ultimately dominate, have almost all the maintainence contracts, get to bid on every deal, get to see, buy, benefit from every new technology (e.g. qtera). i can't see how these 2 can miss, but if they do, i imagine their suppliers will miss too, and, having shot so high, have further to fall. i may've missed something here, and i'd be glad if you tell me where. good hunting. jack |
