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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (35751)12/22/1999 12:24:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Remember my favorite and unfortunatly accurate saying. Never under estimate the stupidity of Americans. Never ever never!!!

MU ran the ISP for the town I live in and a call to Boise to get the competition used to be a long distance call. When the phone company finally made calls to Boise free, I switched one minute after midnight to a new ISP provider since MU's service was offline more than it was on. A year later, I have only had problems twice for about 15 minutes each time. Every day I hear the rest of my aquantances moaning about how bad Micron's ISP is ( Now sold to MUEI ) but when I ask them why they don't switch now that they have a choice, their answer is it is too much of a pain to change now.

Moral - Free ISP will suck in a lot of new subscribers, then they can charge down the road betting that 90% will consider it too much work to switch.

I am not defending the stock prices of these companies and I do think they are grossly over valued, especially when you consider that other ISPs are trading at much lower values than these, AOL etc. There are ISPs that most people don't even realize such as MUEI, T, etc that trade at a fraction of the high flying ones. Either T should trade at 1 million bucks a share or else these new comer ISPs should be trading for pennies.

I don't own stock in any of these but my ISP is T and I love it. I get 30 meg of web space ( by linking all 6 of my free e-mail IDs together, run chat, message board and guest books on them and get unlimited surfing for 21 bucks a month. Best of all, I don't have to stare at banner ads all day<ggg>

Good Luck,

Lee



To: Yogizuna who wrote (35751)12/22/1999 12:52:00 PM
From: Les H  Read Replies (2) | Respond to of 99985
 
Wish Fullfillment

economist.com



To: Yogizuna who wrote (35751)12/23/1999 12:13:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 99985
 
You're missing the point. This lunacy only has to last long enough for the insiders to cash out their stock options. There isnt a person in the valley who gets rich based on a profitable company- everyone's wealth is tied to stock options. Until that is taken away, businesses have absolutely no incentive to turn a profit.

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Many companies have "always" given away things for free or at a loss to get business booming, but today's lunacy simply will not stand up to the test of time...