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

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To: Ray Jensen who wrote (868)5/16/1997 4:42:00 PM
From: Sam Citron   of 12823
 
Ray,

RE: Municipalities dictating terms of cable upgrades

You certainly have a good point. It does smack of socialism. I confess to having spent some of my formative years studying economics at Harvard in the Peoples Republic of Cambridge. And I agree with you that such solutions while superficially appealing are often a bad idea (like rent control). I realized about a day after I made that post that there is probably a better way to solve the problem besides simply to wait for 10 or 20 years for technology and market demand to develop. The solution is simply for innovative planners, community developers and homebuilders to wire new communities, cyburbs, if you like, and let people who require such services like fast internet from home pay the extra cost for such infrastructure. The $1,000 or so it should cost is not much compared to the cost of extra landscaping or even an upgraded fireplace. Rather than retrofit existing cable onto a mixed demographic where 80% of the population really does not want fast internet, build it from the ground up and the other 20% of us who would sell our souls for such service will migrate there. I would think that it would create affluent information enclaves that will probably retain their property values better than the nation as a whole.

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