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Technology Stocks : How high will Microsoft fly?
MSFT 484.85-0.2%3:59 PM EST

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To: alydar who wrote (49686)9/22/2000 8:05:46 AM
From: Harvey Allen  Read Replies (4) of 74651
 
Somewhere between 200 and 400 mhz chips, the supply of power moved beyond the computing public's ability to put such power to use.

Bandwidth is now the driver of the technology revolution. We are still in the early
stages of the bandwidth paradigm -- the stages in which the soaring supply in
bandwidth is being outstripped by demand. Out go Intel, Microsoft (MSFT), Dell
(DELL), and a host of other standard-bearers of the processor revolution, and in
come Sycamore (SCMR), Ciena (CIEN), and their bandwidth brethren.

Those who look at Intel's warning as a dark omen that the end is nigh will miss the
fact that the end started a long time ago. Look at the stock prices of the
aforementioned companies that were leaders in the processor revolution -- they have
hardly been leading the technology sector.

Message 14432420
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