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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading: -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (733)	3/10/2001 7:14:39 AM
From: Arthur Tang	Respond to of 769

Revisit the dangers of investing in technology? Most technology firms are evolutions. The danger of investing in technology is obsolescence. Another new gismo and all your investment goes down the drain. For most of us, technically oriented, even MIT education does not give us an advantage. But over the years looking at the handbooks of physics and chemistry, one understands the limitations to avoid science fictions. What one learns is the convergence of technology to achieve the ultimate technology in the next ten years to make technology a safe investment. No one has to do what Warren Buffett does, to avoid technology and invest only based on demand increase of population growth(low tech companies). The new technology for the next ten years is telecom convergence technology. Watch the development and standards being set for everything we use. Cell phone can control your garage doors and appliances, also HiFi and TV without going thru microwave towers. Digital TV will be practical in no time at all without ghost images and blue screens.