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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: RocketMan who wrote (2494)12/8/1998 8:15:00 PM
From: ftth  Read Replies (1) of 12823
 
RocketMan: nice job on the investigative research. The "doubling every 100 days" quote is a meaningless extrapolation, and only serves to make the instant-gratification, double-click-casino that IS most internet stocks less rational than ever.

Sure, there was probably some snapshot statistic at some point in the past where that number was correct, but that's roughly a 1200% annual growth rate. That's NOT sustainable, period! Don't you love people that make forecasts based on one data point (and always linear, well, because that's the easiest!). Let's see....my portfolio increased 5% today, 250 trading days therefore my annual return will be 1250%! Press release!

Let's face it, there isn't any true high bandwidth content (from the internet) out there to speak of. When true high bandwidth content does arrive and establish a base, it will be mainly confined to the private portions of networks anyway. The increases are due more to growth in numbers of users than growth in bandwidth per user in my opinion (and there are so many ways you could measure this and sculpt any statistic you desire from it).

The percent of users with so-called high-bandwidth connections is still very small. The masses simply don't have the modem capability to draw the bandwidth this guy is claiming, even if it was available.

dh
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