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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

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To: Cary Salsberg who wrote (7832)	12/20/2002 11:12:01 AM
From: Sam Citron	Read Replies (1) of 95536

Semi OT RE: Resources When the net took off during the 90s I expected that it would have a profound effect on the real estate market. In the past cities arose on sites that offered expedited access to transportation and communication, such as deep sea ports or the confluence of two rivers. Naturally I expected broadband to have a similar effect. I watched carefully as broadband proliferated to determine whether it was having a palpable effect on real estate prices. I was quite surprised that it did not seem to have much effect. The ratio of Manhattan to Blacksburg, VA (which got municipal broadband access much sooner than almost anywhere else in the country) real estate prices did not significantly change. Do you have any theories as to why broadband has not had a more profound effect on real estate prices?

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