Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (2579)	3/24/2001 10:24:32 PM
From: MeDroogies	Read Replies (1) of 74559

I never said there was honor in it. Business isn't necessarily honorable. In fact, it's more often a dirty business. But promotions are part of the game, and if you're not as good as the next guy, you'll lose out. I'm sure Jobs wishes today he'd played the promotions game as well as Gates did. Then we'd likely be working with computers that were considerably more stable. By the way, LE has gone out of his way, even during ORCL's run up, to chide the bubble stocks. His belief, well documented, is why should his company carry a multiple less than that of a company that is new and has no prospect of earning anything (effectively infinite). He never liked the dotcoms, as anxious as he was to take their money....but that's business. He's been published several times stating items to that effect. LE has a tremendous ego that is insufferable, but he also has an astoundingly funny and ironic sense of humor. If you've seen him speak, you can appreciat what I'm referring to.

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