Find the next major technology trend and then find the best company in this trend.

The most successful technology stock investments all have one thing in common: the companies became big players as the markets they were in became big.

Would Microsoft have been so successful if PCs had cost $10,000 each? What really made Microsoft so successful was the marketplace they came to dominate. They rode the market's extraordinary growth curve, and exploited their position along the way. Mr. Gates and Mr. Ballmer are great executives, but make no mistake: it was the PC market explosion that made Microsoft the giant it is.

To find the next Microsoft, and that is what it is all about, you should first try to find the next major trend. By thinking on the highest level about where technology is going, and how an individual company will fit in that trend, you stand the best chance of reaping the highest rewards.