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I don't think he's trying to dump old media stocks - he's trying to promote new media. The natural way to do that is to attack the "dinosaurs" that are being re
by ojbyrne 18y ago
I don't think he's trying to dump old media stocks - he's trying to promote new media. The natural way to do that is to attack the "dinosaurs" that are being replaced.
- nostrademons 18y agoYeah, I realized after I'd posted that I'd misread the comments in question. Anyway, pumping up new media by attacking old media seems like a pretty risky strategy - investors are just as likely to go to energy or defense or finance or other hot/undervalued sectors than to new media. I think it's more likely Andreesen believes that old media is doomed anyway, and that's why he's interested in replacing it.