A very succinct way of putting it and I fully agree. What will be interesting to see is how these stages will change as the rate of tech innovation continues to

A very succinct way of putting it and I fully agree. What will be interesting to see is how these stages will change as the rate of tech innovation continues to speed up. With new products coming out all the time, disruptive technologies may arrive so quickly that the price war stage is cut short. I think it will still exist, but just in a more truncated version.