Wednesday, October 14, 2015

Another Horseman of the Internet Bites The Dust



There is a nice article by Matt Kranz in USA Today titled, "Another 'Horseman of the Internet' loses its head"

 "EMC was one of those stocks you just had to own in the late 1990s and early 2000 - as it was one of the companies nicknamed the "Four Horsemen of the Internet." These companies prospered as their customers bought gear looking to build Internet systems and Web sites. EMC, along with network gear maker Cisco Systems (CSCO), storage maker Oracle (ORCL) and computer systems maker Sun Microsystems were seen as dominating the construction and development of the Internet."

It is funny, because younger folks in tech today don't really believe that Sun Microsystems and EMC were big players.

It is interesting how things might change in the future as Mr. Kranz postulates:

 "Investors can only wonder if the current "FANG" favorites, Facebook (FB), Apple (AAPL), Netflix (NFLX) and Google (GOOGL), will meet a similar fate."