I am concerned with business, which means concrete numbers, cash flow, etc, not your pie in the sky view of how cool new technology is. What you say is obvious to most reading here, it is the status quo and all that we do to make money now is relative to NOW, and not to 1000 years ago. Business is about being a predator and taking other businesses'/individuals' money and preventing them from making any money so that they cannot acquire the resources to keep you from making it, ask Jack Welch.
Please explain to me what will happen to companies like Micron for example if someone were to develop molecular DRAM within the next 10 years? Will they pay a dividend beofre then or just buy back all their stock in the interim? (that's a zero on both counts) What will happen to holders of their debt? To the insurers of their debt? To the investors in the holders and insurers of their debt? etc, etc. Now multiply this possible scenario across many sectors and companies and decide for yourself what risk premium you are willing to pay, maybe that's where we disagree.
I'm not new to technology, have configured more cisco, bay, xylan, nortel products than I can count and designed several enterprise networks for clients in my past life.
I do agree, technology is cool (if your love for it doesn't approach religious fervor), but it's not the focus of this thread in and of itself as your arguments would imply, you need to find a guy around here called cheekykid, he was like you except he focuses his infatuation and amorous advances on PDA stocks. |
