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Strategies & Market Trends : Heinz Blasnik- Views You Can Use
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To: LLCF who wrote (3194)7/25/2003 12:46:10 AM
From: GraceZ  Read Replies (5) of 4907
 
BTW, the namesake of this thread totally took apart his entire telecom case well before the crash.

I remember the dialogue well. I think one of the discussions centered around whether a computer that was twice as fast was twice as productive. Heinz said not because most were using them as simple word processors and the computer that was twice as fast didn't make that person twice as productive. Gilder countered that computers weren't simple stand alone word processors because with the advent of the Net they had the ability to instantly publish to thousands making them far more valuable.

Later you brought up the discussion, remarking how Heinz had saved so many people so much money by pointing out the flaws in Gilder's view. The irony is that simple statement of yours proved Gilder's point perfectly. How much money would Heinz have saved anyone if he'd written those posts on a stand alone word processor alone in his apartment in Vienna instead of one attached to the Net? -ggg-
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