Good morning all.
Interesting reading, catching up on the posts from last nite and this AM. As a semi-retired part-time management consultant who "escaped" from the big-corp. world at the ripe old age of 45 thanx to the magic of executive options vesting with a merger, sometimes I still have to do some "real" work to keep my brain from totally frying here in the Florida sun.
I certainly believe in the long term potential of Go2Net. There are many in the world who were smart enough or lucky enough to get in very early with the likes of Yahoo, or AOL, and are now VERY happy. Still, there continues to be growth, opportunity, and profit potential for investors in the Internet Revolution. As said in an earlier post, this thing is still in its infancy. Look at that company Microworkz now offering $300 internet-capable computers for the "masses".
My brother works in R&D at Lucent (not high enough in mgt. to be an "insider") and all he talks about is bandwidth, bandwidth, bandwidth for delivery of internet "programming". IMO the true winners here will be the providers of integrated content as well as (or maybe even instead of) the "traditional" search engine+advertising model. Can't take anything away from Yahoo, but consider the history of Zenith Radio, with an early commanding leadership position in the radio/TV industry in the 50s and 60s. Do I think that an enterprise set up like the developing Go2Net/CNet models has significant long term potential? You betcha. Sure, you can trade in and out of this thing, and make some decent $$. I'm keeping a bunch of shares in a warm and cozy spot in my core portfolio, and a +- $10 swing doesn't really bother me too much. All IMHO.
Mark Z |
