Dave, love this. i have been 'lecturing' people for years that if you want to be an angel, pick ten projects or just buy MSFT (now CRM, whatever), nothing in between. however, your final idea was heard loud and often in 1999, was right for about a year, then back to normal. same thing will happen in this cycle, guaranteed, would bet a kidney. why is simple: people who are in the industry ALWAYS suck at investing in it. always been true, always will be