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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: tonyt who wrote (38194)2/20/2000 7:54:00 PM
From: Dwight E. Karlsen  Respond to of 74651
 
tonyt, re "We did have the internet (since the 70's, and no, it was not invented by Al Gore),..."

But in reality, the internet did not go mainstream until 1995, when Win95 had built-in Internet Connection support. Take a poll of friends, and find out how many connected to the internet from either home or a private company, using Win 3.1. I don't know anyone who had internet access from home prior to 1995. I would bet that 99.8% of ppl who had internet in the 70s either worked at a university or worked at a goverment-funded entity, such as a research lab.

and we did have PC's (since the early 80's), so it must be someting else.

so tonyt, how is that 8088 or 80286 running? Still doing the job? I remember when I ran accounting application on an 8088 for a period of a couple years in the mid to late-eighties (88-89 actually). I concluded that unless processors increased in speed, it would be just as fast to go back to pencil and ledgers. The 8088 offered accuracy and relieved the tedious calculations necessary to get updated account balances, but those first processors offered no productivity increases.

So no, IMO the evidence shows that it was not "something else", but in fact the credit for the productivity increases we have been enjoying for the last several years can largely be attributed to the Wintel revolution.

I'm not including the mini-computer, which was in use in the seventies, for those companies large enough to afford it.