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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (14615)9/20/2002 12:02:40 AM
From: Lizzie Tudor  Read Replies (1) | Respond to of 19219
 
Zeev, Sy Harding wrote a piece comparing the auto industry of the early century to the tech industry now.
out of the 100's or maybe a 1000 automakers that were making cars in the early century only the big three made out alive, GM, FORD, and Chrysler.

most of the current tech companies are going the way of the EDSEL.


Fwiw, this car industry analogy was the MBA thesis du jour in the 80s for the PC industry, and appropriate too since we know the winners msft and intc.

But the internet is being compared to the GE electrical infrastructure story and that consolidation took more time and spawned more winners... there was the entire electrical appliance industry (maytag fridgidaire etc), lightbulbs/sockets (went to GE), filaments for lightbulbs, chemicals- all kinds of stuff relating to electricity. I can't see how the automobile analogy holds up anymore- too simple, jmo.
Lizzie