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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST

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To: John who wrote (71158)3/4/2001 12:42:29 PM
From: Dennis O'Bell  Read Replies (1) of 99985
 
Re: Regarding the NASDAQ's prospects...

Average end user network bandwidth is still extremely limited, in the home it's like home PCs were with 8 bit processors. DSL and cable are an incremental improvement but there's enormous progress to be made to reach the performance comfort level that PCs enjoy.

I think this is a major gating factor for the next qualitative step forward, but surely not the only one. The whole internet "phenomena" was the result of countless things falling together, the result was a lot like mushrooms springing up after a rainstorm.
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