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Technology Stocks : George Gilder - Forbes ASAP

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To: George Gilder who wrote (250)10/22/1997 12:32:00 AM
From: pat mudge  Read Replies (2) of 5853
 
[RBOCs]

<<<The RBOCs fear cannibalization of their T-1 revenues
and are now falling far behind the cable companies in
Internet potential, as even Bill Gates has recognized.>>>

I suspect Gilder is right. I also wonder what will happen when their T-1 customers go to someone else for ADSL because it's cheaper. Hmmmm. . . reminds me of the fable about the monkey who put his hand in a jar of peanuts and filled it so full he starved because he wouldn't unclench it to get it out.

Not an exact metaphor, but you get the idea.

Cheers!

Pat
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