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Headquartered in SE Wisconsin, here you'll find comments on politics, economics, culture, books, and music. Not necessarily in that order.
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sean at theamericanmind dot com
URL: http://www.theamericanmind.com
My Bloginality is INTP!!!
E-Mail:
sean at theamericanmind dot com
URL: http://www.theamericanmind.com
My Bloginality is INTP!!!
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Charlie's Show Prep #166
More on Doyle's Rigging of the State Elections Board
Sen. Harkin Doesn't Bash Chavez
Democrats Bash Chavez
Bad Timing of Doyle's "Ethics" Ad
Doyle's Words vs. Facts
Charlie's Show Prep #165
Doyle's Lawyer Had Board Stick It to Green
The Meat of Chavez's U.N. Speech
Kidnapping Parents Didn't Approve of Baby's Black Father
Big Payoff if Rightroots Goal is Met
Mark Green on Merit Pay for Teachers
Raging Muslims' Selective Historic Memory
Chavez Calls Bush "The Devil" at U.N.
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Site Design by The Web Jones Social bookmarks created with the Social Bookmark Link Creator All original content copyright © 2003-06 by Sean Hackbarth. All rights reserved.
Site Design by The Web Jones Social bookmarks created with the Social Bookmark Link Creator All original content copyright © 2003-06 by Sean Hackbarth. All rights reserved.
March 17, 2001
Jim Glassman sees software companies
Jim Glassman sees software companies like Microsoft, Adobe, and Symantec as defensive tech stocks in this bear market.
He likes software companies because "Software is like the computer chip industry except you don’t have to build a factory. It’s like the pharmaceutical industry except you don’t need FDA approval. It’s like Hollywood without the $20 million salaries."
In other words, software companies have low capital costs; they rely on "gathering a bunch of really smart people together to create something new and special." The downside is that low capital costs allow some other company to gather their own bunch of smart people and make something better.
"'Defensive' Stocks in the NASDAQ"
del.icio.us | Digg it | Furl | reddit | Spurl | Yahoo MyWebPosted by Sean Hackbarth in at 04:58 PM
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