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.

Technology Stocks : ACLY- ACCELR8. Year 2000 Stock -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (1126)	2/24/1998 9:22:00 AM
From: Andrew Abrams	Respond to of 1518

The word 'franchise' is used loosely. The franchise here is the fact that they have very little competition, and a strong (time-constrained) demand cycle. That's all. Also, I would never count on a 'franchise' business anyway, any franchise business. Making money in franchise businesses is no more inevitable than any other 'business'. If it was, we would have the nifty 50 again, and NASDAQ would disappear. The paths of investors over the years are littered with 'inevitable' investments (Sperry-Univac, Control Data, etc) that held franchise positions. Assuming any business can maintain their position forever assumes you will lose money overall. AA