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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: elmatador who wrote (7638)7/16/2000 5:28:40 PM
From: MikeM54321  Read Replies (2) of 12823
 
"They expect that at every step towards mobile Nirvana you'd buy a new terminal and they would keep raking in the cash."

elmatador- That sums it up quite nicely.

On topic with your comment, I just read a stack of WSJ issues going back a few weeks(my cable modem was out for 26 hours). Walt Mossberg did some testing on what I had just posted what I thought was a neat idea-- The palm computer as a wireless access device. Well I guess I was wrong. It just plain didn't work and was clearly overpriced. I could read between the lines how annoyed he was about it.

Then he did some real world testing on AOL-TV. And again, that seems to be flunking out too. He explained real well what the intent was, but it just falls flat in the real world. And it's amazing to me that AOL thinks they can get current AOL members to pay an extra $15/month(on top of the $21/month already being paid) to have access to the Internet on TV? Just baffles me that they think this will be successful.

And in a third WSJ article, there was real world interviews of mobile phone wireless access users. A Scandinavian country from what I recall. The trials and tribulations with what I believe is WAP enabled phones. What a failure that seems to be in the real world. It all sounds very nice in the PRs, but sounds like it falls far short of useful in the real world. I think the investing public may have mistook the teenagers playing with WAP as a sign it would be useful for adults. Something like that.

I'm always amazed at how carried away we investors can get sometimes on technology. I think the biggest lesson a lot of tech companies should learn first is, "Make it work," before unleashing it out to the public. But then again, as you say, why not rake in some money while it's all the rage, in spite of the fact it's fairly useless. -MikeM(From Florida)
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