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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (20116)	9/7/1999 5:44:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56535

Thanks Wes,you know a lot more about this than I do--a lot more. But I have a question,he says proprietery systems,closed codes are far from fail-safe and the applications future to be more and more demanding and he states they will demand an open system to perform with high reliability---this is the key to his message,and that is the future will demand an open code system--any counter thoughts? Max

To: Wes Stevens who wrote (20116)	9/7/1999 6:10:00 PM
From: Trader J	Read Replies (2) \| Respond to of 56535

Wes - Must disagree with you big time here. Open code yes, but we in the tech industry thrive on standards. Before anything can gain mass appeal, there must be a standard, and moreover, a supportable standard before it will gain massive popularity. Open code is great for those companies that can support it and develop it, but what will put them over the top eventually is the mass market appeal of a standard, developed, and supported, Linux OS. I would bet long term on RHAT here, to a lesser degree on Caldera, maybe even a merge of the two. In software, everyone is looking for the next Microsoft, and I think this is as close as we can come to any new standard when looking out 5-7 years. It is outrageously over priced here at 108, but if you hedge with 100 shares here, you can always avg. down if it hits 50. This is its first time around and although I would hate to pay this price for just the possibility, you are probably only looking at losing 50 points at the most. And when the possibilities are what they are, a small price to pay. I have been doing a fair amount of work listing the sectors and trying to find the next leaders from those sectors. For most, anyone that starts making progress will get taken out ...... something that we do not want for long term retirement. We need the next MSFT. Linux I believe will be it and RHAT is at the top of my list. Sure would like to see a major pull back and I am hoping my buddy Y2k gives it to me. J