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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (71907)	12/14/1999 5:30:00 PM
From: Earlie	Read Replies (2) \| Respond to of 132070

Nadine: From my perspective, that is a foolish myth spun by the Wall Street boys. Corporations have absolutely NO reason to buy anything new. There has been no new applications for some time now, and most are starting to recognize that when one factors in training costs and maintenance, computers are no big deal anymore as far as productivity is concerned. Most of the big productivity gains occurred early in the game. As far as the net is concerned, I suspect many corporations are tired of being told that a net presence is mandatory for survival. For many, it is not. The big problem of course is how does a corporation get the crowd to know where they hang out without spending a fortune. Then, having arrived on the net, the next bit of education relates to the fact that everything sells on price, which is corrosive of margins. I love the net, but there is much about it that is hoopla rather than money making. Have a talk with some MIS types and they will give you a rather interesting perspective. One final thought: I wonder how many "hits" are stock-crazed cowboys checking stock prices for the nth time? I expect web useage will sag badly once the bloom comes off the market. Additionally, net growth is definitely slipping. Hickey published some excellent figures recently and I accessed the Canadian numbers a while back. Both showed that net growth is NOT what Wall Street suggests. Best, Earlie