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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: Harvey Allen who wrote (41518)4/7/2000 1:15:00 PM
From: The Duke of URL©  Read Replies (1) of 74651
 
In the early 90's IBM's forecasters correctly identified the future growth in computer calculations they just missed the fact they would be coming from cheap microprocessors rather than from computers to be built in the empty plants management constructed

It is too simple to say that IBM's fall was based on failure to predict the "cheap microprocessor" market.

It is more accurate to paraphrase Thomas Watson:

...as our scene opens...

Tom: The world will only need 5 computers.

John Akers: Yeah, and IBM will CONTROL them all!!!

...curtain(s)

:)))
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