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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Berk who wrote (8299)	4/18/2003 2:33:03 AM
From: Kirk ©	Read Replies (1) \| Respond to of 207026

Ken Olsen (DEC founder) thought that they were a curiosity with little market potential. "Everything that can be invented has been invented." -Charles H. Duell, Commissioner, US Office of patents, 1899 "I think there is a world market for about 5 computers." -Thomas Watson, Chairman of IBM, 1943 "There is no reason for any individual to have a computer in their home." -Ken Olsen, DEC 1977 "640K ought to be enough for anybody." -- Bill Gates (Founder and CEO of Microsoft - 1981)

To: Berk who wrote (8299)	4/18/2003 11:09:58 AM
From: Chip McVickar	Read Replies (2) \| Respond to of 207026

Hi Dick, Your Welcome....... appreciate the thought. The semiconductor article was in the WSJ on April 8 B section, and was about "Larry Ellison's Sober Vision" of the tech industry. (not Allen) He disputes the popular romantic vision of the computer industry as always growing and reinventing itself. Basically, he believes it's not immune to the aging process. Ellison's view is that Biotechnology is the next big "Thing" and not computers. Computers have reached their limits for the time being, and will become more like past "specialized labor" such as trains or steel....., succumbing to the 'economies of scale.' On the side..., I know Ken Olsen...., one day he wander into my office looking for some design work, and hired me to develop a model revision for a new desk top computer. For some weeks I had this early prototype locked file cabinet.... worth a lot dough. <chucklez> I got paid, but it never went into production... Anyway, with your background.... any thoughts you might have to refute these claims of Ellison would be very interesting. Here's my look at the weekly SOX Message 18856976