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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 230.89

-0.1%

3:16 PM EST

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To: Skeeter Bug who wrote (129556)	8/2/2001 8:34:56 PM
From: Alomex	Read Replies (1) of 164684

if they don't show in dollar figures, they do not belong in a metric that purports to measure dollars. they might belong somewhere else, but not in this metric. This is a key difference: (1) the impact on productivity from IT will only show itself over time (2) computers do not increase productivity. To claim (2) is harebrained. On every individual case I can think of I can report enormous gains from productivity in IT. Therefore the explanation lies elsewhere (to give a simple example, perhaps all the gains in IT are being reinvested in more IT, therefore they do not show in the bottom line, but as soon as we stop reinvesting them we'll see an explosion of productivity).

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