The essence of my thinking goes like this. Household penetration of PCs will top out at about 65% to 70%
I think you are a little low, depending how your definition of a "PC". The teenage need to communicate will probably push this number higher for internet connections, and help AOL. But, yeah, for our purposes, this area is now on the back burner.
The whole Industrial Revolution has been about speed. People just don't realize what a fantastic thing the Railroad was. We went from 5 miles an hour as a species, to 60, overnite! The Internet is speed, and everything we are talking about investing in on this thread is about faster knowledge. That is why Cisco, LU, Qualcomm, NT, and all the net companies are at the front.
I am reading "The Millionare Next Door", at the moment, and am going to put up some comments on their conclusions. We all seem to be a bit different than their prototype.
Sidebar: I wonder if RMBS could turn out to be a IOMEGA. |
