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

To: Razorbak who wrote (2490)	1/9/2000 2:53:00 PM
From: Cheeky Kid	Read Replies (1) \| Respond to of 3543

Radio - Internet Parallels, very interesting read... However the Internet can let the smallest company compete on a global scale. For 3-500 dollars you can buy top quality software and create your own professional website. A couple hundred more, register your own domain, ISP account with sever space and with some creativity you could have a successful website. XYZ Co. that produces a product used by lets say "golfers," can hit the world wide market, where as with radio you are limited to a geographical area. The Internet has changed the face of distribution. Computer programs, audio books, music and movies are available over the Internet. It's a two way medium. Unlike radio. SEE: Subject 23995 High speed Internet connections let you download a CD quality song in 30 seconds, download in minutes, computer programs with sizes larger than hard drives were just 8 years ago. Compression technologies and high speed Internet access will continue to improve. Where are the stats for the number people being employed by the Internet revolution? It would be interesting to see. How about all the products and services that are spun off because of the Internet? Not to mention that population has increased a tad since the 1920's as well. It's obvious that all these companies are not going to succeed, but the ones that do, are going to make the investors a pile of money. In My Opinion.

To: Razorbak who wrote (2490)	1/9/2000 3:29:00 PM
From: Mad2	Respond to of 3543

Raz, Nice article.....think it hones in on the discussion being had here......internet as a sucessful medium vs. internet stocks, their current valuation and...... Too many quotable items......but will leave with this Today's stock market infatuation with technology, the Internet revolution and the economy's new paradigm should not make us forget that, as John Kenneth Galbraith once said, “financial genius is a rising stock market”. Mad2 BTW, I was struck in the Deals article at the significance of dividend distributions and returns to shareholders during the early years of the 20th century.