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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 248.41+1.6%Nov 10 3:59 PM EST
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To: Bill Harmond who wrote (32091)1/1/1999 5:59:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
The railroads and automobile shrunk space and time. Broadcasting (and recording)
pretty-much eliminated it, but it's a one way street. The Internet has made it a two-way
street and commerce enabler. The Internet is the most rapidly-adopted technology in
history. You must say that the Internet explosion is different.


Every new technology has been adobted faster than the prior technologies. Radio was faster than railroads and automobiles. Telvisions was faster than radio, etc. The internet was faster than radio or television and the next technology will be faster than the internet.

I hear the "mania" word everywhere. I think it's an easy label, but this may turn out not
to be a mania, at least in the leading companies with real businesses.


The leading companys still do not have real businesses.No one in this this space does. I will even include AOL in there at this point in time. The industry is not mature enough.

Glenn
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