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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: MikeM54321 who wrote (11696)7/4/2001 2:40:55 AM
From: elmatador  Read Replies (1) of 12823
 
"Because broadband Net connections have been rolled out more slowly than expected, many investors have been scared away from companies that rely on speedy Internet links that deliver movie-quality video and rich graphics. An entire generation of companies has been wiped out in online entertainment, streaming audio and video technologies, and digital-rights management--the software that's critical in managing how copyright-protected movies or songs zip around the Net. In online entertainment alone, dozens of companies have gone under in the past year, including sports site Quokka Sports and personalized news site Zatso Inc.

The result is a vicious circle: Without broadband, online content is a mere shadow of what it could be. That makes the Web surfer's experience less compelling, which could slow the number of people who flock to the Web. That, in turn, lowers demand for broadband--making it the problem and the solution. "The unfortunate thing is that just as VCs are giving up on these companies is exactly the time when they are critical," says Ford Cavallari, vice-president at the Boston consulting firm Adventis."

Mike: This is the result of the ILEC's sabotaging the US tech sector.

businessweek.com
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