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Technology Stocks : TCOMA

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To: Toby Zidle who wrote (541)	3/25/1998 6:14:00 PM
From: Terrapin	Read Replies (1) of 663

I agree, right now it doesn't seem like much. However, 20 years ago you couldn't do anything over the phone. And in order for your bank to allow that service via the telephone they had to set up a division with sets of phones and many additional phone lines (and additional services from the phone company to handle the traffic). Now banks are setting up to allow services over cable-based internet and in order to do that software must be written and serviced, computers must be purchased, monitored and periodically upgraded, and fees must be paid to ISPs and the owners of the cable lines. If the ISP is ATHM, we win. If the transaction takes place over cable, we win. I'm not an expert but I see this as a transfer of the fees that businesses pay to the phone companies over to the cable companies. If anybody can correct me on this please do. An additional wrinkle may be the software through which all of this takes place. I've posted previously my uninformed theories regarding MSFT. I believe they want the lion's share of the payments that take place during any transaction (their current abuses of JAVA are an example)(HP also weakened the JAVA coalition). But I leave that for another rant... Hope some of this is sensible :) John

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