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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: Victor Lazlo who wrote (129841)	8/10/2001 3:21:42 AM
From: schrodingers_cat	Read Replies (1) of 164684

>...major tech cycle is over. I really do disagree with this.( Understand I'm looking 5 years out) As long as progress in reducing feature sizes on chips continues then new apps will appear as the computing power they require becomes economical. For example the digitization of broadcast television has yet to happen in the US, and is only just starting in Europe, but that could consume a lot of silicon when it finally appears. If more computer power makes voice recognition work well enough to be useful then that opens up another huge market. I don't know about the wireless internet, but if 3g just means that people can chat on the phone longer for the same price then I can see that people will want it. Even in the present slowdown US wireless companies are still seeing fast subscriber growth, and the Baby Bells are still signing up lots of customers for dsl. Someday the nirvana of interactive TV, video on demand, will come cheap enough for customers to actually want it. As far as businesses are concerned, I'm sure all those highly paid consultants will find some way keep IT spending up.

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