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Technology Stocks : America On-Line: will it survive ...?
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To: Yikes who wrote (10790)7/28/1998 10:04:00 AM
From: steve lipson  Read Replies (1) of 13594
 
You make things so hard for yourself, when the answer could be literally at your fingertips.

Think for a minute about the keyboard where you type all your AOL hate messages. Notice the stupid placement of the letters that slows your hand down. This QWERTY principle (for the row of letters above your left hand) is well-known to economists who recognize that things develop and grow from starting points that may later appear quite illogical.

After awhile, people need a big reason to change, not just an opportunity.

In the early days of Intel, Andy Grove has written, chips needed to be 10X better than transistors in order to sway manufacturers to replace tube transistors. For the most part they weren't, so the chip business grew for many years by serving new applications for NASA and the Defense Department.

Perhaps AOL is going to our QWERTY for the next millennium.

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