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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.82+0.1%3:59 PM EST
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To: William Hunt who wrote (88587)12/1/2000 7:54:32 AM
From: CRL  Read Replies (2) of 152472
 
BILL,
In a column I read the other day, one of the "financial market gurus" (as opposed to tech gurus) asked whether the productivity revolution was a result of our HAVING computers or of our USING them. Obviously the PC has been on people's desks for a decade or more now and they've been used on a heavy basis in the business community for at least 10 years. So, why did the productivity revolution not begin earlier? I think the answer is clear: it's not HAVING the machines or even USING them, it's CONNECTING them that has ignited the productivity revolution. And I don't think that's a development that can be stopped. I think the state of the global network, which is driving productivity improvements, is pretty safe now from purely financial shocks. But that's JMHO, I could be wrong. Have a good day!
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