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Alexander

06/13/04 8:40 AM

#256510 RE: Alexander #256509

And on a very personal not:

I think the Internet has only fulfilled 10% of its potential. The best in my view is still to come.

alexandre
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dvdmogul

06/13/04 9:35 AM

#256512 RE: Alexander #256509

Nice Post Alexander; but your first post on this thread said it even better; repeated here for those who missed it.

http://www.investorshub.com/boards/read_msg.asp?message_id=499049

IMO because I agree with the surmise that Growth through innovation guides the future; I have arranged my portfolios into 3 areas. New Mediums applications and Products , New Materials and Methods, and Defense.

Defense seems incompatible with the other two but here is why its not; The Olicharchic Defense companies like NOC and GD etc... are the worlds most sophisticated systems integrators. They also fund and relate to some of the most innovative technology.

The small and Mid Cap defense companies are feeder stock for transitions. Now; with Homeland Security we have a two tiers of funding and there is tremendous innovations coming, and that includes privatization and use of Space by industry. There are many levels to the economics of defense. I particularly like small caps with a foot in the commercial side with New demand coming from defense / homeland Sec.




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TJ Parker

06/13/04 1:25 PM

#256534 RE: Alexander #256509

Rather, our economic future is inextricably linked to our ability to come up with more technological breakthroughs that equal the Internet in magnitude.

wow, that's a tall order. the internet was under development and proliferating during some 20 years before anyone even started to think of it as something that could drive an economic boom (in the early/mid 90's).

something of this magnitude is not going to spring fully formed from zeus's head ... and is there anything like this under development now? (and, of course, the internet and its growth goes hand in hand with semiconductors, moore's law, pc's and so forth ... since, if not for them, the internet would still be what it was in 1994).