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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (173915)	4/1/2003 5:25:17 PM
From: Jim McMannis	Respond to of 186894

What's he say about "start-ups"? Don't bother? I wonder what he thinks about Silicon Valley RE? Didn't he just pay big bucks in Atherton?

To: Lizzie Tudor who wrote (173915)	4/1/2003 5:30:25 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 186894

Lizzie, from the article you linked to: Further consolidation will occur because there are too many tech firms based on a single product, Ellison said. As technology products become commodities and prices fall, these smaller firms won't be able to compete independently. Yeah, I wonder if Larry would also like to comment on the state of the auto industry. How many companies out there based on a single product, namely the automobile? How many makes and models out there? Ellison is fooling himself if he thinks small businesses will go the way of the do-do. Especially those in high-tech. Tenchusatsu

To: Lizzie Tudor who wrote (173915)	4/1/2003 5:54:07 PM
From: hueyone	Read Replies (1) \| Respond to of 186894

Ellison: We think there's at least 1,000 Silicon Valley companies that need to go bankrupt. The whole model doesn't make sense. There's a bizarre belief that we'll be young forever. I can't even name 1000 tech companies, let alone 1,000 companies that deserve to go bankrupt, but I suspect Mr. Ellison is right. There is certainly no shortage of companies in Silicon Valley that have never had any legitimate, profitable business performance, and the chickens are finally coming home to roost. It isn't going to be so easy anymore to con investors into supporting questionable enterprises with pro forma earnings and pie in the sky pipedreams. The word is out---there is no "new economy." Its time to separate the contenders from the pretenders. JMO, Huey