ATG, you are using the traditional fundamentals, they are very
useful forestablished industries, such as GM, GE, IBM, DELL, CSCO, MSFT, AMGN rtc.
When DELL or MSFT starts in theirearly cycle, investors bought into avirture picture, they saw the potential even though statistics in front of their eye was quite against the traditional fundamentals they believed in.
Result: those who had the vision become millionaires, others were
left in the dust.
Internet business is not a today's business only, it is not
something can be competed with, Internet is something changing everyone's life for the years to come, it is much bigger than
Bio-Tech, it is much bigger than PC business, software business.
Internet is a combination of all business we know of, it may not
connect to all yet but it is forming that model everyday.
To jump onto this Internet bandwagon, one must weigh their own
risk mind because it is again to buy into a 'virture picture'!
To play the savest among the risk kinds, who is better than AOL?
A company's success relies heavily on their CEO and high management,
it is particular important of their CEO's desire, if a CEO is
short-sighted, the wrong vision will eventually kills the company,
you and I see that everyday.
Steve Case's vision is very clear, his will is so strong, he chooses
people like choosing generals to go to battles, he bought business
only fit his vision. This same character
appeared on Bill Gates, ORCL's CEO, SUN's CEO, and I like that
character a lot because the company's direction is the CEO's,
Steve Case wants AOL to be #1 company, I like that too!
Maybe 7-8 years from now, Internet is settling down like Bio-Tech,
PC and softwares, then all statistics becomes important again because
it is not a virture picture anymore but a solid picture with frame.
But before that day arrives, AOL is the #1 bet into the Internet world
no matter what you say!
To those who wants to be AOL millionaires, you must stay long enough
inside this virture picture!!! |
