>From Timothy's Quote "

Yet another effect is that BT/Is ("Basement Tinkerers and Inventors")
who create innovative z/OS software products might find that their young
companies are worth more.  There's at least one more company, IBM,
interested in buying certain software companies.  A company's buyer pays
a premium over public trading value.  Said another way, in recent years
the market value of z/OS software companies has grown because there are
more potential suitors.  The growth in market value of such companies is
bound to influence what sort of companies start up in the first place,
because their founders and early employees enjoy significant windfalls.
These are different acquisitions than what we've seen in the past.
These are not typically acquisitions of stable, mature companies with
limited potential for acquiring new customers (i.e. acquisition strategy
#2).
"

...Just to confirm that "all things circular imply futility"...

Of course the BT/Is will have a much tougher time of it now with the
non-availability of smaller platforms to develop on.. i.e. Funsoft.

Rob Schramm

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