Larry, Hi! Have you seen this article? Dell was on the list! Merry Christmas! I am finishing last minute stuff at work as I have a "24-7" job! I hope you have a great Christmas! Daniel is going to clean-up again, but toys for a three year-old are not very expensive! By the way, it looks like we are closing in on 50! :)Leigh
Dell Computer (Nasdaq: DELL) -- The PC is not dead; forecasts indicate that at least another 2 billion will be sold. Dell is a box maker that can help fill a market that big. Toss in the company's own internet initiative, DellNet, which offers a new range of electronic-commerce possibilities, along with a partnership with IBM's services unit, and a fairly robust picture emerges
Red Herring Magazine Picks Top Tech Stocks For Next Century
SAN FRANCISCO, Dec. 22 /PRNewswire/ -- Red Herring, the magazine about the business of technology, has selected its "Ten Tech Stocks for the Next Century." For the feature, appearing in the January 2000 issue, the editors identified technology stocks that will not only lead investors into the next century, but also will dominate all other investment opportunities.
"Red Herring's top-ten stocks are for the long term," explains Senior Writer Peter D. Henig. "Although they cut across a broad range of technology sectors, they all have dominant market positions that have been maintained and enhanced through flexible business models and swift management decision-making."
Red Herring's Ten Tech Stocks for the Next Century are:
Broadcom (Nasdaq: BRCM) -- In addition to sitting in the sweetest spot in the communications space -- manufacturing semiconductors for every segment of the broadband environment -- Broadcom is a well-run, ferociously aggressive market pioneer in a business where it alone has figured out how to drive down chip costs and still remain wildly profitable.
Charles Schwab (NYSE: SCH) -- Early on, while other full-service brokers were getting fat and happy on steep commissions, Schwab was establishing itself as a pioneer putting the power of investing into the hands of investors. It has figured out how to maintain customer loyalty through offline hand-holding while still maintaining the cost benefits of an Internet- centric company.
Cisco Systems (Nasdaq: CSCO) -- Wall Street and Main Street buy Cisco because so far, the company has done everything right, almost without a hitch. The leading supplier of high-performance networking products has set its sights on selling to the much larger service-provider market, aiming to make sales to large telecommunications providers or even next-generation, high- speed optics networks.
CMGI (Nasdaq: CMGI) -- CMGI, both a collection of operating companies and a venture-capital affiliate, has become a clear Internet leader. The only Internet company to make the list, it incubates companies for a song and then takes them public for megamultiple returns on its investments.
Dell Computer (Nasdaq: DELL) -- The PC is not dead; forecasts indicate that at least another 2 billion will be sold. Dell is a box maker that can help fill a market that big. Toss in the company's own internet initiative, DellNet, which offers a new range of electronic-commerce possibilities, along with a partnership with IBM's services unit, and a fairly robust picture emerges.
EMC (NYSE: EMC) -- A major side effect of every technology trend is the creation of more information, with the Internet itself expected to fuel 90 percent terabyte growth over the next several years. Eighty percent of the top Internet names use EMC's enterprise storage systems and software and its market share is poised to continue rising over the next several years.
Microsoft (Nasdaq: MFST) -- After dominating the software shrink-wrap business throughout the '80s and '90s, Microsoft is now on a quest to conquer Internet communications and services. They've got the money: the software giant has already made about $7.9 billion in phone and cable investments in the past two years and it still has a war chest of $17 billion to spend.
Nokia (NYSE: NOK) -- The single trend that will define the future of technology and the world's communications structure is wireless communications. Nokia, the leading-edge supplier of appliances and networks for the wireless era, is a core holding among almost every top-tier institutional money manager. It has the brand, the R&D and the creativity to stay ahead of the curve in the wireless communications space.
Sun Microsystems (Nasdaq: SUNW) -- Sun is considered the essential go-to technology for any firm seeking an online strategy. It sells workstations, servers and software for the commercial side of the Web worldwide -- $12 billion in the last year - and has a $950 million backlog. Sun's shrewd bet on Java and Jini, its server and appliance technologies that allow interfacing and compatibility among diverse devices, has both driven business and created phenomenal brand recognition.
Time Warner (NYSE: TWX) -- In a world where media and entertainment will be coming at us from all sides, even some old media companies will be golden in the Internet age. Time Warner not only feeds the fat pipes of the future, but as the nation's second-largest cable operator, it owns a lot of them as well. The distribution side of the business should pique investors' interest, especially its RoadRunner cable Internet access service that represents a high-growth online addition.
The complete feature, "Ten Tech Stocks for the Next Century," published in the January 2000 issue of Red Herring magazine, is now on newsstands.
About Red Herring Magazine
Since 1993, Red Herring magazine has been essential reading for business leaders using technology to build or expand their businesses. Its coverage provides a forward-thinking, analytical look at technology companies and industries. The unique perspective of its veteran editors and reporters is based on years of experience reporting on and watching the business of technology. Red Herring's coverage of technology-driven business is timely, analytical and, most of all, opinionated and experienced.
About Red Herring Communications
Red Herring Communications, a privately held San Francisco-based company, is a fully integrated network of media properties connecting and enabling the technology empowered business builders and leaders, ideas and technologies that are shaping and reshaping business today. Red Herring magazine, Redherring.com, Red Herring TV and Red Herring Events are each a crucial conduit of information, analysis and opinion, between the vision of Silicon Valley and the power of corporate America, alongside the global business environment.
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SOURCE: Red Herring
CONTACT: Barry J. Zusman of Plesser Associates, 212-319-8383, bzusman@plesser.com, for Red Herring |
