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Technology Stocks : All About Sun Microsystems

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To: Haim R. Branisteanu who wrote (9166)4/17/1998 6:37:00 PM
From: cheryl williamson  Read Replies (2) of 64865
 
Haim,

Well, then, what happens to Screw Driver companies who produce
slotted screwdrivers when the technology companies patent,
trademark, and successfully market philip's head screwdrivers?

The answer is embodied in companies like CPQ: profits fall
precipitously and they are stuck with huge inventories of
slotted screwdrivers to get rid of & they are incapable of
responding with a creative answer to philip's head screwdrivers
because they're not technology companies and they don't innovate.

They will wind up going the way of buggy-whip manufacturers.

Wall St., by the way, is great at 20-20 hindsight, but really
can't see 2 feet in front of itself.
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