Saturday, December 16, 2000

I will also be regularly checking into this blog. It is a really nice way to stay in contact and to bounce ideas. Even if no-one responds, just putting the ideas in writing seems to help.

The second thing about blogging is that the "incubation" seems to be an important part for me. The only problem with this is that by the time I am ready (and able) to respond, a week or so has passed. I never know whether to bring up a dead subject then or to just blog away.

Today I decided to just blog away. Robert was concerned about declining technology stocks. We talked about stocks a lot in Allison's 644 class a couple of semesters ago. She talked about the beginning of the automobile market. Apparantly, in the beginning there were hundreds of (wanna be) car manufacturers and over the first four or five years, through takeovers, poor workmanship and financial foolishness, the field was narrowed substantially. Her guess was that over these next couple of years a crazy Darwinian market would swallow tech companies leaving only the strongest few. The question really is, what happens to all the money. The automobile money still has lots of money invested. The market is stronger today than back then, so probably this will also be true for tech companies and people like us who want to work in the field.

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