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Technology Stocks : IBM

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To: art slott who wrote (3591)	7/25/1998 8:13:00 PM
From: Don Hurst	Read Replies (1) of 8218

Art, I can't remember what my view on interactive TV was. It probably was not all that positive though for the next few years. The article says that the basic infrastructure is there for digital cable but from what I understand, the cable systems are limited to one way right now. This is one of the reasons why the street greeted the AT&T combine with TCI so negatively. Apparently it will take many billions of investment to get the cable systems up to two way communications while the PC makers march ahead albeit at much lower average sales prices to snare the growing internet population. It will be very interesting to see who wins and who if anyone makes any money. Regards, Don

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