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To: Robert Rose who wrote (119861)3/9/2001 1:00:35 PM
From: Skeeter Bug  Respond to of 164684
 
rr, there is no new economy. gdp/productivity numbers are double reality due to a statistical fantasy created by using chained dollars (measuring noneconomic "value" instead of economic value).

internet companies, yhoo included, are entirely beholden to the old laws of economics. those laws say that ease of information flow educates customers and educated customers can quickly substitute stores and similar items.

it is a tough business.