LIG-- I agree with you that some maybe even a third will fail...Some too will be bought out at nice premiums (see FCST, etc.).
I view the Internet revolution like the "micro-computer" and software (for PCs) revolution of the early and mid-80's.. Yes there was IBM, apple, corvus, tandy, digital, dell, novell, microsoft, peachtree, etc.. Some bopped, some hick-upped, some zoomed, etc...
But anyone that held a well diversified portfolio of all the majors did phenomenal!!!
Because the whole world was buying this sea-change.. I believe the same will be true for the internet companies. |
