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Technology Stocks : PC Sector Round Table

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To: Gottfried who wrote (1823)6/14/1999 2:26:00 PM
From: Z Analyzer  Read Replies (1) of 2025
 
<<Mark, I've had a nagging question for some time: does the
internet
create new jobs/sales or does it just take them away from
conventional
sales channels? Asked another way: does the net cause new
spending, and if so, where does this money come from?
Savings?

I don't think anyone here has the answers.>>
I obviously don't have the answer but that never stopped me from pretending I did! By being able to buy things more cheaply, everyone can buy more, increasing the number of PRODUCTIVE jobs (unneeded distribution is not productive-look at Japan) and raising the overall standard of living.

It may be a different local story if the local shopkeepers Mark Oliver refers to try to remain a 14th century backwater in the future, global economy. -Z
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