To: Eric L who wrote (13127 ) 6/27/2001 7:23:57 PM From: 49thMIMOMander Respond to of 34857 Investors often live within the boom-bust bubble and bankruptcy mechanisms of mergers at 20cents a dollar system. However, most investors live through at least two or three of these, few are blessed with four or five experiences. (assuming that it will now be 10 years and not 6 years for the waves of stupidity, a new sucker born) Cisco doesn't sell stuff to the billions, only the backbone, the reason I'm surprised at their inventory problems. (but who sets up a pentium 233 MMX as a server these days??) That is, some do the hardware, some do the software, and Moore's law for software is still to be invented. In stable times the software producer just need to wait another one year to get 70% more horsepower, memory (but maybe not battery draining power) to get the project done. (cmpr the helicopter fan business of cooling pentium 4s and Athlons, my RAMBUS got overheated this finnish midsummer) But the driving force is things like "Club Nokia", individuals and "folks" (the US definition??) with the urge, eeveryday need to connect and do business. Depends on the entrepreneurial part of the culture, as well as how fast standards and boom-bust economies change. Ilmarinen P.S. There is this good finnish saying about dropping, throwing "paint-brushes in the sand", as well as the more statistically proved thing about how some games end when there is no cash left, all is lost (Ch 11 is interesting) The more vulgar-libertarian-darwinian is on how the strongest survives, forgetting about the fittest and the paint-brushes covered in sand, or dried up. Anyway, the global situation is now different than in the oil crises of the 70s, or the computer trading times, S&L deregulations of the early and late 80s. (while still avoiding the issues of the potato famine and the 1929s)