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Pastimes : The Death of Silicon Investor
INSP 97.89+1.5%3:59 PM EST

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To: WTMHouston who wrote (379)12/30/2001 5:37:01 PM
From: greg s  Read Replies (2) of 1003
 
WTMH,

I look at the situation from a different perspective.

re: The best example of the last quarter-century is the electric car. There has been and is a great deal of pure demand for a cleaner automobile. But, at the price attached to it, demand declines to a point where profitability is questionable, at best.

I'll use this example to make my point. You are looking at the electric car opportunity as a big-3 auto kind of business. Here, in Arizona, we have a burgeoning "electric car" industry. You would probably call them golf carts. The difference here is lots of folks use them for day-to-day transportation. Lots of these folks wouldn't know what to do with a golf ball! These are especially popular in "retirement communities". There are even profitable aftermarket industries dedicated to souping up the OEM units. It all depends on your business plan (which includes defining the market).

greg
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