The Trouble with Tech

HappyHarry said: "Let's talk about some of the troubles with tech: 1) The product lifespan is very short 2) The cost to develop products is huge 3) The competition will imitate and you is fierce in price-cutting 4) Bugs! Any more we can add?"

AlfredSokol said: "The product adoption cycle is so important in tech, it can't be ignored. If people don't adopt the technology very fast, you're screwed."

scottigee said: ""Tech" is such a general term.... I work for a tech company that has been down down down since the 2000 bust. It suffers from a common syndrome that resulted from the boom in the years prior - [b]excessive expansion and a reluctance to adapt and contract in the downturn.[/b] We are still WAAAY too big, and without a leg to stand on when it comes to new products. I think the trick with Tech is to get in early and get out on the way up. In the tech boom there were so many companies going up your chances of success were great. Nowadays though we're back to the true risky nature of tech companies, which is hit or miss. Who's to say if their new technology will catch on and be adopted (like you said Alfred)... By the way my company is [URL=http://finance.yahoo.com/q?s=ter]Teradyne[/URL] check out the 5 year graph [img]http://chart.finance.yahoo.com/c/5y/t/ter.gif[/img] It's been a rough ride. Despite it all I would still say TER is a good buy at $12-$14, but my opinion is pretty biased. I really don't like working here and I see all the mistakes that management is making...but as a stock I think it should be up near $30, we just need a product...."