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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: greenspirit who wrote (134210)3/30/2001 11:09:11 AM
From: Kevin Rose  Respond to of 769667
 
I've got to agree with Michael on the dot.com crash. I was approached by a good number (as I'm sure many here were) to join up. Upon examination, almost NONE had an even coherent business plan. Almost all I examined relied on a shaky economic model that vaguely attempted to capture 'eyeballs' as a revenue stream. Their revenue streams were, for the most part, strictly ad based. And they would spend a huge amount of money towards that end. They seemed to think that turning a profit would be viewed as a negative by the market (maybe they were right?)

Anyway, this pyramid scheme HAD to collapse. I do not believe that it was the reason behind the current main street collapse, but it may have provided a psychological 'nudge'.

I agree with JDN that the 'main street' collapse we see was created by monetary policy. Strangled in 2000, left to die in 2001.



To: greenspirit who wrote (134210)3/30/2001 2:03:26 PM
From: Thomas A Watson  Respond to of 769667
 
Michael >>>>> Think about this, how many of us who are avid web surfers really click those banner adds and purchase something because of them? Not nearly as many as was originally believed possible.

I'm sorry Michael, but what banner adds are you talking about. You see if you never read them then they are not there just like there is no sound in the forest when a tree falls if no one is there to hear it. The more one uses the internet the more one has the ability to focus and see only wheat, vacant liberal minds excepted.

But that just amplifying your point.

tom watson tosiwmee