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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Dan B. who wrote (12341)12/23/2002 6:02:27 PM
From: geoffrey Wren  Read Replies (3) of 12823
 
A report from Peru

Just spent some time in Lima. At the street markets, along with vegetables, fruits, still-warm chickens with their feet and heads on, beef hearts (a local favorite), tee-shirts, and other traditional fare, you can buy pirate CD’s and DVD’s. CD’s are 10 Soles, and DVD’s are 20 Soles (about $2.85 and $5.7 respectively). However, a resident assured me that it was possible to get the CD’s for 4 Soles (assuming you are not a tourist gringo). They are good copies, which look just like legal copies, to include the standard warning about piracy! That they can make a profit at such prices, even without royalty payment, is amazing. Meanwhile, in the few stores that sell legal CD’s, the prices are roughly $16-20.

Given that piracy can be economical at such low prices, you have to wonder if the greedy content providers will back a legal last mile distribution system before piracy becomes entrenched even in the US.
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