Its central thesis is that the most determinant factor for success in the high-tech market is avoidance of stupid mistakes.
The proliferation of Nasdaq companies ensured overcapacity in many high-tech markets, which spawned ruthless price cutting and caused profitability to plummet.
"And who in the high-tech market knows anything about curly hair?"
These, he maintains, have resulted in American companies losing high-tech markets abroad to the Japanese and the Europeans.
The investment was one of the first major investments where a businessman from the fashion industry chose to invest in the high-tech market.
All the folks writing these articles are those anticipating that the high-tech market is the same as it was in the mid-1980's when those stocks did not move.
By the end of 2004, even after the dot-com bust that unraveled many of KI's high-tech markets, the shares were worth $27 apiece.
It is a company focused on high-tech market, especially for the defense industry.
But you've got to give others a real chance to participate in these high-tech markets as well.
"With foreign competition gobbling up the high-tech markets we can't afford to waste any talent," Ms. Denes said.