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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Levy who wrote (9384)	11/29/2000 5:15:15 PM
From: Raymond Duray	Respond to of 12823

Hi Bernard, This will make the education business cut-throat (why would you need 300 universities if 20 or 30 can do the job), The corollary argument is that this, as a matter of course, this consequently eliminates 270 institutions worth of contributors to TIAA-CREF who no longer will be affording the pension fund managers the liquidity to pump up a stock market. I'm trying to look at this not so much a technology issue, as a matter of how it impacts my decisions as a retail investor. I do not doubt but what technology will advance and creative destruction will occur. What I doubt is the ability of a retail investor to make a buck or two out of the deal. :) Best, Ray