Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ulrich who wrote (2318)	12/27/1999 2:08:00 PM
From: yard_man	Respond to of 3543

But any such benefit to the bottom line is simply temporary, Bill. If Company x employs the technology will companies y and z ignore it? How's this fundamentally different from the adoption of accounting software? Sure initially there were companies that save money and had a competitive advantage, but where's that advantage now. Don't get me wrong -- greater efficiency is greater efficiency but it doesn't imply a fundamental shift in earnings for those employing the technology ... of course, the government has a funky way of calculating the worth of the efficiencies gained ... so who knows if 1/2 of this stuff is cost-effective once all the true costs are tallied? I use MS Office products at work and even build some little apps for users. I spend more than 60% of that time trying to get such and such component of one of the office apps to work as I do designing an algorithm to solve a problem. I think there are probably some net experiences which are the same ... costs to bring the app up are underestimated and the benefits over-estimated.