Original poster: Mddeming@xxxxxxx
In a message dated 9/21/05 2:14:14 P.M. Eastern Daylight Time,
tesla@xxxxxxxxxx writes:
Sometimes investors want "high risk, high reward", and leave the
steady conservative advances to others. Compare, for instance,
Rutan's approach to human space flight and NASA's.
Such investors are few and far between in today's litigious culture.
In 1961 there were approximately 20,000 people in the US directly
engaged at different levels in non-government supported rocket
research. Today you can count them all without taking off your
shoes.What makes "visionaries" newsworthy is that few financial
types have the cojones to go for broke with large-scale
temperamental technology. To most monetary backers, the forseeable
difference in financial return between DRSSTC and OLTC at today's
state-of-the-art is not commensurate with the risk of it bombing on
first light, or having shaky operation.
Matt D.