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Technology Stocks : Paul Allen's Wired World -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (57)	7/4/1999 11:48:00 AM
From: Mike McFarland	Read Replies (1) \| Respond to of 361

If I had not been so stubborn I might have done very well if I'd applied my current technique (for investing in microcap biotech) toward web tech. But there is no going back, I think I've missed out. Plus it has been hard to imagine that any of these companies will generate earnings when, for instance, the pipe into my house can barely support me dialing over to my buddy's house for a little StarCraft. US West seems to have no incentive to correct the problem--they derive nothing from my using their lines to get at my ISP, I pay nothing additional to them no matter how much I'm online. I might have been dazzled by the promise of interactive television and jumped on a couple of stocks for the ride--however, I've been pleased with DirecTV and TCI's digital cable is not competitive, I lost interest. I briefly got interested in the idea of PC-TV, but I did not want to slap a decoder card into my computer just so I could crowd my desktop with distraction. Sometimes I will drag a coax cable upstairs from my entertainment center downstairs so that I can watch CNBC while I'm on Silicon Investor, not an elegant solution, but cheap! Perhaps I am just too cynical to ever catch a rising star in the web tech sector. Strangely, I am constantly dazzled by biotechnology, a sector riddled with disappointment. Sigh... I don't have the answer, but this is a great thread--it will be fun over the years to watch Paul Allen, and the smart people he has hired, find some of the answers.