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Technology Stocks : JDS Uniphase (JDSU)

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To: Tunica Albuginea who wrote (15049)12/20/2000 11:13:36 AM
From: TigerPaw  Read Replies (1) of 24042
 
chopping companies prevents further development.

Again, I disagree. While a company needs money for R&D, what it really needs is the incentive to make things better. Competition provides that incentive. A company will find it much cheaper to just keep on making whatever they have that works. A new product requires training, factory changes, new suppliers, and displacement. It is the fear that a competitor might develop something new that keeps the R&D focused on innovation and not just cost reduction.

TP
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