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

AMZN 247.47

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To: GST who wrote (159864)	1/16/2004 3:18:31 PM
From: Lazarus_Long	Read Replies (1) of 164684

So should we unland on the moon in 1969? That cost a bundle too. Or maybe not. The claim has been repeatedly made that that space program paid for itself many times over by the technology that came out of it. Now I admot I've never seen numbers justifying the claim. My suspicion is that it can't be done in a manner that can't be attacked by the likes of you. But a lot did come out of it. Teflon is a common example cited. Now the vemical, CF4, was known years before the space program. But it is rather inert and couldn't be bonded to anything. A bonding method was found for the space program, then used commercially. Integrated circuits used to cost hundreds of dollars for a 4, 5, or 10 transistor chip. The only customers for ICs were the military who needed lightweight electronics for jets and (TRA LA) NASA, who needed lightweight electronics for spacecraft. All the early development money for ICs was provided by DOD and NASA. Now hundreds of billions of dollars of those circuits are sold every year. OTOH, we could have just wasted the money in ghettoes keeping black families unstable and on welfare.

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