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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: pbull who wrote (9526)	10/25/2002 2:57:19 AM
From: Sig	Respond to of 13815

Hi Pbull: <<< What do you make of INSP, CNET and the like?>>> As a former tech-head, I find I have to be very careful of investing in those + Yahoo, Jdsu,NT, Glw, and numerous others boomers that I once invested in. Retirement funds, family funds still have drawers full of those nearly worthless stocks, since the days when 70 percent of new money was once going into techs I look at them for inspiration- to catch the old feel of being a winner, and then most often invest elsewhere. As you note, consolidation will and has to take place and perhaps some will be bought out for an immediate thrill but one can then be holding another lemon. Many of those newer companies were started by entreprenuers who were gifted with millions or billions thru an IPO and never knew hard times or defeat. In the end , as all always, banks and industry will get the use of technical products for far less than inventors planned to get. Consider a car, and ask what the inventors now get for inventing the electric bulb, alternator, transmission, tires, radios, anti-freeze, fuel injectors, plastics, orlon, nylon, safety glass, window winders, wipers, and so on. So the fibre cable producers like Glw and Nt had great plans for continuing to charge phone and cable companies ruinous prices and guess who won? The future of Microsoft includes providing almost all of the software a person needs in one package that comes with the computer on a computing/ storage system sold by Dell with chips provided by Intel. Automatic software updates. Untouched by human hands. Similarily, if you buy a Ford, you get the whole running works in one package ready to go. To answer your question on Cnet, etc, you could probably make some sweet trades on them which requires exquisite timing which I cant provide except on rare occasions.. But as a general thing LTBH, I prefer companies that sell developed products direct to the public. Dell, Msft, Ebay, Amzn, Cable companies . AOL sells ISP's, but MSN is going to be a huge competitor which will prevent AOL from achieving their main goal of locking up customers and then raising prices- a concept derived from phone companies and utilitities. IMO an obsolete concept that is doomed in a world of free trade.Am not trashing AOL here, since they have many other capabilites than just ISP's. Sig