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Technology Stocks : George Gilder - Forbes ASAP
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To: Michel Bera who wrote (312)2/19/1998 5:43:00 PM
From: George Gilder  Read Replies (3) of 5853
 
Another of these zero billion dollar markets growing to $15 billion "early in the next century", consisting of angel dust and nanosylphs, microhobbits and picoceas. I don't know how they define these widgets to justify the current "$2.2 billion" market (I assume they include micromirrors, Bragg gratings, and other optical and optoelectronic devices of nanometer dimensions). Nanotechnology is mostly a bust and if MEMS is just a new monicker for these mostly silly technologies (as opposed to real silicon devices), it just represents a trip to the image reengineers. The magic of microelectronics and optics comes from their foundation in information processing, in which the rule is the smaller the better and in which nanotechnologies are already routine. This rule does not usually apply to machines exerting a physical force or performing a physical function.
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