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To: mauser96 who wrote (15838)10/20/2000 10:05:43 PM
From: Ausdauer  Read Replies (2) | Respond to of 60323
 
Lucius,

I appreciate what you are saying.

But don't economic slowdowns also effect business spending?

My personal take on this is that unemployment in the US is at a very low level right now and many people have found great enjoyment in the Internet. If consumer spending is crimped I trust people will be more selective with their discretionary income. Products that offer great enjoyment at a reasonable price will hopefully continue to be popular.

Now if a worldwide recession is coming, well...

Aus



To: mauser96 who wrote (15838)10/22/2000 11:39:34 AM
From: Art Bechhoefer  Read Replies (1) | Respond to of 60323
 
Lucius, although one may consider the compact flash units for digital cameras as a consumer, and even a retail item, I think it is misleading to assume that if jobs get scarce or oil prices keep on increasing, consumers will reduce their purchases of these consumer items. Digital photography for the consumer is really more like a substitute for conventional photography, and at a price that keeps looking more and more attractive, compared with conventional developing and printing costs, not to mention film itself.

A better model for this technology, which is becoming ubiquitous not just in photography but in cell phones, palm type computers, and MP3 type players, is that for Scotch Tape, a new product released during the heart of the depression in the 1930's. It had no trouble replacing what was known as "mending tape," produced by a staid old company called Denison Manufacturing, which never recovered from the loss of business to 3M.