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July 09, 2011

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Hedged Economist

Excellent! I'd add a Phase V: the technology became ubiquitous. In fact, so ubiquitous that it forms the technical underpinning of new technological breakthroughs.

Don

Good. A corollary might be that the early leading companies rarely stay in front the whole way-evidence Transitron in Semicoductors, IBM in computers,Holiday Inn in travel, A&P in supermarkets etc.

Doug Finke

Hopefully this will hit the finance companies. Most are still tied to Microsoft XP which is over 10 years old and still only allow IE6 for browsing the web.

They do make exceptions for other browsers after going through the appropriate red tape.

As these waves hit they might be in a position where they cannot afford not to move forward.

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