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Technology Stocks : AUTOHOME, Inc
ATHM 23.76+1.2%Nov 28 9:30 AM EST

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To: red_dog who wrote (13184)7/31/1999 4:37:00 PM
From: E. Davies  Read Replies (2) of 29970
 
Unfair unfair there aren't that many people with computers. I didn't have one. Low and behold, look at us now
True. And guess what phenomenon happened between then and now? Cheap computers! Remember when the sub $1000 computer became a big deal?

I agree that as you did people in time came to realize the value of internet service and will similarly in time come to realize the value of broadband. Its a mass psychology thing: When enough other people have it and it becomes commonplace then suddenly $40 a month is "no big deal". As long as broadband is "high tech" for "cyber geeks" $40 a month is an outrageous sum.

I strongly suspect that the two will meet in the middle somewhere in the range of 50% more than dial-up cost (~$30 now). It will become an everyday part of life and everyone will be willing to pay for it. The only question is how long it will take.

An AOL exec once made the brag something to the tune of "Broadband wont happen till AOL makes it happen". In many ways he was right. Broadband needs mass appeal, it needs to become a common everyday thing. Just providing faster access is not enough (especially if the server is like SI and is not broadband friendly).

We need widespread popular broadband applications to change the public mindset. They can exist, they just dont yet.
Eric
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