SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.70+0.7%Jan 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandeep who wrote (38775)2/2/2000 1:05:00 AM
From: KyrosL   of 99985
 
All this massive change ought to lead to riches for somebody

Seems to me that by far the biggest gainer is you (the consumer). You are doing for free things that in the past would have cost you a fortune. For example, think how much of your money goes to Yahoo, even though you use it heavily, then think whether that justifies its quadruple digit p/e.

Last year my net payments for use of the internet in ISP fees, subscriptions, etc. came to around $300. I estimate that the net benefits I derived from internet use -- access to investment and other info, service and goods discounts, discount stock trading, e-mail, etc. -- were more than $30,000. I don't see my internet use bills increasing very much in future years. And I expect to get more free or very low cost additional benefits in the future -- one that's pretty close is easy virtually free long distance calling; MCI will be very unhappy about that, I am sure.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext