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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (65321)12/31/2000 10:32:38 AM
From: CatLady  Read Replies (3) | Respond to of 122087
 
"I can think of a dozen other inventions that are more major. "

Name one that's been invented in the last 25 years that's more important than the internet.



To: Anthony@Pacific who wrote (65321)12/31/2000 11:57:35 AM
From: Cheeky Kid  Read Replies (2) | Respond to of 122087
 
I remember back when having a computer was more of a geek hobby. Very rare for small businesses to have computers. Most popular way of communicating with others was through BBS (Bulletin Board Services). This connection was usually at 2400 Baud, dialling up chatting, getting tech support, downloading very small files, and when the 9600 Baud modems came out, you were connected at warp speed, if you could afford $800-$1000 for the modem. It was common to wait for many hours to download large files with your 2400, and if you were lucky to get a 9600, you were the king of the block. Remember, back in those days the average size for a hard drive was 20-40 MB. I recall this from the late 80's.

If it weren't for the explosion of personal computers, Bill Gates dream to have one on every desktop, you would not have a need for broadband. It would just be computer Geeks and universities using the Internet for communicating and sharing of programs and files.

High speed connections will revolutionize the way products are distributed. Computer programs, digital music and DVD movies, are just ones and zeros. They can easily be distributed via the Internet. Downloading 100MB files doesn't take long when you are downloading at 100-200 + k/sec. I believe the Internet will revolutionize the way these goods are sold. I NEVER buy packaged software, it is always the downloaded version. (Average size 40 -50 MB)

To say the Internet is the biggest nonevent is nonsense. The Internet today employs a lot of people. And that will continue to grow. 56K is out, broadband is in, whether that is DSL, Satellite, Cable.

Since the shine is off the Internet right now, maybe I will get some of those good names people have been hoarding. If they don't renew the name, they will be mine. .COM are still the status letters to have behind your name.

Debating the Internet is useless, it is so large, diverse, and one day it will be invisible, you will be using it whether you know it or not. But in the background you have companies that are making this paradigm run, new innovations, hardware, man power, etc. That is what us longs are looking for, the companies that will be the major players.



To: Anthony@Pacific who wrote (65321)12/31/2000 3:40:41 PM
From: Pink Minion  Read Replies (3) | Respond to of 122087
 
Exactly mny point it will be viewed as we view simple things now like the phone ...
The internet isnt even close at being a HUGE Invention, I think the invention of Electricity dwarfs it to a grain of sand..


Well, some say the phone was a huge invention. IMO, anything that greatly enhances productivity and the living standard of humans is a big invention. To say the Internet is a non event is about as silly as some of the things Cheeky has said. Tony, you have never worked in the pointy-hair, Dilbert world. You don't know how inefficient things are/were. The fax machine was a greater invention than the telephone. It literally ran corporate communications in the 80's.

It wasnt such a huge leap in thinking connectiong people by phonelines to their computers

Maybe that's the problem you have. The Internet is the linking of computers through a highspeed backbone with a standard protocol. Microsoft had there own protocol as did others. Then you could get into the invention of the router and Cisco. The hard part is getting everybody to do the same thing.

I personally put the Internet (and the open software movement) on the same level as the printing press, mainly because of the knowledge it spreads around the world. Just think of the knowledge this thread has spread? More than any book you could have written.

Now, if you want to say this New Economy is a bunch of crap and it's not "different" this time, and stocks will eventually trade at there historical levels - I'll go with that.