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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (16807)	5/5/2003 5:24:24 AM
From: GUSTAVE JAEGER	Read Replies (1) \| Respond to of 57684

Ringing the death knell on tech's high-growth era Steve Lohr NYT Monday, May 5, 2003 Martin Pichinson is one of Silicon Valley's undertakers. His company, Sherwood Partners, has carved out a prosperous niche as an expert in shutting down failed technology start-ups - 150 in the past two years, and Pichinson figures that thousands more are destined to fold. "We're doctors of reality," he said. The winnowing of the corporate population is just one sign that the information technology industry is maturing in ways that will affect technology companies, their customers and investors for years to come. But what is painful for Silicon Valley is beneficial for those who use the stuff it produces. The industry, according to Irving Wladawsky-Berger, a strategy executive at International Business Machines Corp., has entered "the post-technology era." It is not that technology itself no longer matters, he said; but steady advances in chips, disk storage and software mean that the focus is no longer on the technology itself - with its arcane language of processing speeds and gigabytes - but on what people and companies can do with it. [snip] iht.com