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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.90+0.4%1:55 PM EST

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To: Victor Lazlo who wrote (129911)8/11/2001 1:26:12 AM
From: schrodingers_cat  Read Replies (1) of 164684
 
><< As far as businesses are concerned, I'm sure all those highly paid consultants will find some way keep IT spending up. >>

so far they're not doing that. Market realities are taking their toll. they have to.


I think a big part of the IT budget problem is that companies are cutting spending to make their numbers look better for Wall St., and also to build some cash reserves in case the economic slowdown worsens. When the economy bounces back then the IT budgets should increase again.

<<For example the digitization of broadcast television has yet to happen in the US, and is only just starting in
Europe,>>

Cosumers in the US aren't going for it in big numbers. Looks like the benefits don't justify the prices to them. I think
we'll see the fcc roll back the dig deadline for tv stations.


Sure, the fcc will roll back the deadline. Imagine turning off people's TV signal during an election year! The real problem is that the US has a lousy standard IMO. As with GSM the Europeans have a far better standard. It doesn't have as much resolution but offers better reception and much cheaper receivers. Compared to analog, it is also more spectrum efficient and offers more channels, which is a big selling point in some European countries. If digital TV takes off in Europe, then the US may simply adopt the European standard. I read that in Britain about 25% have adopted digital TV in the 3 years since it was launched, although it seems that most people are getting the signal by satellite. (like directTV in the US) About 5% are watching the terrestrial digital signal. One of the main motivations is that the government wants to switch off the analog signal and then sell off the spectrum for a lot of money.
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