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To: Glenn D. Rudolph who wrote (16899)1/3/1999 8:27:00 PM
From: HG  Read Replies (1) | Respond to of 27307
 
Evolution, revolution - that's semantics. Whats the difference ?

Biotechs - well I have to think hard on that one. Too political, long lead times, huge R&D costs, no guarantees, bureaucracy, regulation, after effects (what was that drug which was meant to be safe in pregnancy but lead to tragic births ? Theodolomite ?). I didn't follow the sector at all, but I'm sure these must've been the reasons.

Iomega. It does not warrant a discussion. It was a product. This is an industry. May be more pertinent to compare emergence of oil in middle east - not that I follow oil. Or like I always say - the airline industry. Can you imagine life without internet ? Can you imagine life without ISPs ? Without online discussion boards ? Without any ways of communicating with your loved ones ? You do the sector injustice. You do all the internets severe injustice.

Perhaps the best statement in your post is the following :
<<<Time will weed out unecessary firms. >>>
I couldn't agree more. This is the reason I invest in AOL/YHOO/MSFT and not the 2nd & 3rd tier companies.

We seem to be in total agreement on that one. I hope youre not embarrassed about being in agreement with a bullish bull... ;)