Dave, I appreciate what you are doing---alerting people in this Thread about the possible negative effect to AMAT of New and Better Technologies emerging. I, myself, was too advanced in thinking before---I thought New and Better things are sure to succeed quickly...How wrong I was...
More than 10 years ago, I bought the Amiga computer because it was better in Sound and Graphics compared to the PC and Apple computers. Why, I can play and compose music, paint in Color while my neighbors who owned PCs and Apples paint in Black and White!...The Amiga was well ahead of its time, it has a Sound and Graphics CHIPS that the PC just recently had with the MMX... In short, the Amiga is long gone and the PC---still around!...What Happened?...
The Fact Of Life is that People are slow to embrace something New and Better...they resist CHANGE, while they can...That SLOWNESS was understood early by Bill Gates of MSFT and Andy Grove of INTC. AMAT's James Morgan Played along also and we know the rest of how successful these companies are...
Where is the Betamax with regards to VHS; the CD is just now growing after more than 10 years since introduction; the DVD has a long ways to go to play third fiddle to the Laser Disk and VHS...The Light Bulb, since Edison did not change much---still burning out to be replaced by another Bulb, no need to improve it because people don't care much, just buy another one since it's CHEAP anyway...
What I am trying to say is that People do not Change outright---it takes sometime...SOMETIME for successful companies to continue profitting from that slowness, while it lasts... |
