Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (80342)	9/14/2000 5:19:45 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

<You would have bought RCA in 1928, at a zillion times forward earnings. There is a very long list of AmazingNewTechnologies that either didn't get adopted, or didn't make anyone any money. Or didn't make the pioneer any money. Or whose stocks got about 20 years ahead of themselves.> True, but there is an even longer list and still growing faster than all of history of successful companies which have made huge fortunes. In 1987, at the time of the last big crash, people would have had trouble thinking of Microsoft, Cisco and others in the $500 billion market capitalisation zone. The world has qualitatively and quantitatively changed. I'm sure you don't deny the Industrial Revolution happened and made billions of people filthy rich compared with the impoverished, short, nasty and brutish existence for most people in the 19th century [and earlier centuries]. Some technologies and companies DO reinvent existence and make vast fortunes and improve life for nearly everyone. Even $ill Gates says he always though of Microsoft maybe getting twice as big as it was [at any given time] and it just growed! "A Journey to the Moon" or "Around the World in Under a Day" would make very exciting science fiction too. Well, they would have done but those events became prosaic moaning about FDA approval of airline food and "That's one small step for man, one giant leap for mankind" became just another fluffed line. "Adventures of It" "Zygote to Zeitgeist" "Get It Here" Okay, still in the Science Fiction section, but somebody will have to write the book soon because it will date fast. Mqurice