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Technology Stocks : Western Digital (WDC)
WDC 152.88-5.9%3:59 PM EST
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To: Sarmad Y. Hermiz who wrote (10728)8/27/2003 11:49:15 AM
From: Sam Citron  Read Replies (1) of 11057
 
All I can say is that autonomy is an expensive ideal. I can grow my own food if I choose to do so, but it will certainly distract me from opportunities that may present themselves in the market. We are an interdependent species that has learned to survive by trusting one another. In a complex and competitive world, it's best that I do what I am best at and leave the rest to others.

The long term trend in American industry, as I read it, has been away from the vertical integration model toward a supply chain model, as exemplified by Dell. In the semi arena, the emergence of foundries has spawned a wonderfully productive fabless semiconductor industry.

IP sharing is manageable in a supply chain. Protection can be built in contractually where trusted relationships have not yet formed.
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