Seasoned investors are familiar with “The trend is your friend”. Knowing current trend is vital to search engines consultants, website owners and investors, especially those with their 401K’s and life savings invested in these companies.
Since this author’s last article, some noted events have transpired which deserve further comments.
Industry watchers should be well-versed with IBM and seven dwarfs (Sperry, Burroughs, GE, CDC, NCR, Honeywell and RCA). In much less than a lifetime, these seven computer challengers became mere footnotes.
Then mighty IBM had a few stumbles and finally surrendered mettle to a young upstart from Redmond.
Microsoft reigned supreme in 1990’s when it first introduced Windows platform.
Are we to see to passing of mettle to Mountain View when Bill G. recently commented that those guys (Google) are operating from a higher I.Q. level. This admission from Redmond given its brainpower assets is surprising.
Besides, Microsoft’s Office and Internet Explorer will embrace open standards like XML. Perhaps, Redmond could reseize initiative, by declaring their crown jewels as open-source instead of surrendering bit-by-bit and thus see their once-mighty empire wither away into insignificance.