I think there's going to be a lot of losers. There's no question that if you took a snapshot of the economy today and a snapshot of the economy five years from now, the lineup of participants are going to be very different. But just the same way as...the PC industry swept in and the semiconductor industry swept in, if I mention the starters, a lot of people would say 'Who?' A lot of the high fliers today are going to be 'Who?'.
Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)