At 2:24 PM -0800 1/29/03, Eugen Leitl wrote:
>Feds are sure inefficient, but the random dispersal of funds does tend to
>hit the far shots now and then. The private sector tends to ruthlessly
>optimize on the short run (because the long shot doesn't pay if you go
>broke before you can reap the possible benefits).

Back a few years ago, probably back during the great gas crisis (i.e. OPEC)
years, there were a lot of small companies working on solar power.  As far
as I know, they were all bought up by oil companies.  Of course, only a
paranoid would think that they were bought to suppress a competing
technology.

Cheers - Bill


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Bill Frantz           | Due process for all    | Periwinkle -- Consulting
(408)356-8506         | used to be the Ameican | 16345 Englewood Ave.
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