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Technology Stocks : IDT *(idtc) following this new issue?*
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To: peter michaelson who wrote (7939)5/19/1999 11:21:00 AM
From: oden67  Read Replies (3) of 30916
 
This has been in the back of mind all along. Where is the upside for long distance calls over the internet? Prices will just keep falling and falling. And for that matter, what about the entire internet?? In the long run, the only companies that I see really making money off of the internet evolution are the already established companies like Wall-Mart, etc. that will sell more items than they normally would have by people who would go into the store. I believe that there is going to be just too much competition out there for most if not all of these strictly internet companies too make that much money. That is why in my opionion they are all over valued by a huge amount. The only one I see really thriving will be AOL because 1. they have a iron clad way to make money off of the internet and 2. they hve become so huge and dominant that they can afford to buy up any company they want. Any opionins on this??
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