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Technology Stocks : PC Sector Round Table

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To: Pierre-X who wrote (55)3/19/1998 9:29:00 PM
From: Yogi - Paul  Read Replies (3) of 2025
 
PX,
<<A. In five years PC penetration will exceed 75% of all U.S. households. 50% of the U.S. will be on line.

B. In ten years PC penetration will exceed 90% of all U.S. households, and the average number of PCs per household will exceed 1.>>

I am afraid we are in sharp disagreement.
As a reformed long-haired, moccasin wearing, placard waving, loud mouth liberal, it pains me to type these words.

A failed educational system in the US has effectively destroyed the potential of 20% of the population. They will never display the curiosity necessary to think about using a PC. Hell, I would be stunned if more than 80% of the population has read more than 3 books in a lifetime.
A further 15% of the population may have the desire to learn or try new things but are so crippled by an early lack of basic education that they are incapable of operating a basic terminal.
Throw in another 5% who are capable and curious but economically disadvantaged.
Leaves you with 60% possible penetration. Obviously these percentages are just opinion and are based on informal observation.

By the way, now I'm a cigar smoking, scotch drinking, BMW driving, golf playing, capitalist pig.

irthrifty
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