Qualcomm, Sony, Yahoo, AOL, Microsoft, Flextronics, and Applied Materials. That's my adrenaline G & K portfolio.
Dell, Sun Microsystems, IBM, Cisco, etc... That would be my alternative selection of short opportunities. IMO, box makers in the US know nothing about digital music, video, or data. Compaq is trying to make some progress. The complete lack of attention to the convergence of computers and electronics has left US box makers and fiber giants at the mercy of the consumer.
If I were the CEO of Dell, I would go out and bid for Bose or Alpine or some stereo equipment company to start building some products that cross over from the world of pc's to multi-media machines. Letting consumers download some software program like a real player is not the vision I have for the convergence of entertainment and computing. I want seperate devices, but I want the computer to be able to control my digital environment. We do need CD RW and DVD RW drives to edit our own digital files.
Further, the days of capital equipment are over. The glory days of Gilder vision of fiber glory are being replaced with the real job of marketing the common applications of the internet with audio, video, voice, data.
I am an advocate of Gorilla Game investing with one caveat -I refuse to invest in companies that do not offer a product that I could buy as a consumer. |
