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Technology Stocks : PC Sector Round Table

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To: Jonathan Bird who wrote (86)3/20/1998 12:22:00 PM
From: Pierre-X  Read Replies (1) of 2025
 
Re: Externalities

I'm only saying I don't like the term "Network Externality."

It's still a good concept and vital to the understanding of the modern economy.

You said:
First, the increased user base benefits applications buyers through a positive externality. It does not increase the value of the OS for those who already bought an OS ...

Show me an OS owner who is NOT an application buyer. I don't think you can draw a distinction between those two populations. Clearly, all application buyers are OS owners. Are all OS owners application buyers? I think yes.

God bless,
PX
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