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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (18384)	1/10/2000 10:43:00 PM
From: Tradelite	Respond to of 57584

AOL and TWX seem to have gotten it right before anyone else did. Now I know why two of my mutual funds count Time Warner as one of their top holdings---always wondered. Just read a stunning prediction in a two-week-old trade journal named CIO Magazine (for information executives). The Q-and-A article was written by a futurist, Thomas Davenport, prof. of management information systems at Boston University School of Management and director of the Andersen Consulting Institute for Strategic Change. Question: What kind of information technologies will predominate in the future? Answer: "My money is on entertainment-oriented technologies. Television and the Internet will merge--and you know what happens to serious forms of information on TV. Video-gaming technologies will be a part of the mix. We'll use lifelike video simulation and walk-through virtual reality for information that's really important. And all that time your kids spent playing Nintendo will have been time well spent." [Wonder if he bet any advance money on a potential AOL/TWX merger?] Another prediction by Davenport: "Computers, if anything, will become more marginal and taken for granted, simply because they will be everywhere and in everything." The latter statement makes me glad I'm holding my position in ELON (up about 3 points today, counting an afterhours advance) and am trying to establish a position in MICT, but it won't come down to the level I desire. These two technologies will be a big part of the future, or at least I'm trying to bet on that.