MikeB on 07 July 2007
The stock market is the ultimate prediction league. When you're own money is on the line, you think things through a little more carefully.
Shareholders often look at the short term though, quick profits, for the longer term they are free to sell and buy whatever becomes popular.
For example Be Inc was worth over a billion dollars at one point, as technically their product was superior to Microsoft Windows and this generated a lot of hype. But when Microsoft blocked 3rd party PC builders to deal with Be Inc (don't use BeOS or pay more for Windows), stocks crashed rapidly and Be Inc bankrupted.
