Move to sole survivor in Search? Ditto travel?
Forbes.com%3A Search Engine Stocks a Risk for Some: "But the (search) industry's short history shows that consumer loyalty to search services is perilously erratic. Google didn't exist a few years ago, and there's no guarantee it will exist a few years hence.Search, said Randall, may prove to be an area that works best if there is just one winner. In this, it's like the auction business, where eBay Inc. has been elevated above all other online players. Buyers and sellers like having one place to go. People looking to find things like it if they only have to look in one place.
"There is a potential to own the one true winner here, not simply a good company, but to invest in a company that could be the sole survivor," Randall said. "The risk of being involved as an investor ... is that it's early enough that the long-term leaders haven't yet been chosen."
posted by Jen @ 5:57 AM
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