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To: Dexter Lives On who wrote (167)	5/5/2001 3:54:37 PM
From: Marty Lee	Read Replies (1) \| Respond to of 449

Good Morning rob v, Will Mr. Ballmer be at George Gilder's next Telecosm Conference expounding upon his forecasts? Doubt it. Will Microsoft be getting out of the interactive broadband infotainment business? Will they drop their set top box project? Have they sold their interest in GX? Turns out the world didn't really need so many little companies operating fibre-optic networks. This is hardly the case. One may as well argue that the world doesn't really need automobiles. We can walk. The world doesn't really need television nor telephones, nor radio and stereo equipment and so on... Is it logical to lump together the few companies providing for global submarine fiber optic networks (Global Crossing and 360 Networks) with the "raft of new network operators..... and companies like that"? What of Worldcom, Corning, Sprint, the Baby Bells and other metropolitan fiber optic networks? All dead on the vine? The worst news, however, is that Mr. Ballmer thinks the telecom sector is facing a long, long decline. "That money has dried up, and I think will dry up for quite a while. I don't expect that to return, because I think the world has decided that many of those business models were somehow flawed. And I think that capital investment in telecom was really a bubble that won't be rebuilt." So then, the INTERNET is shriveling up? Digital broadband is on the decline? Ballmer exemplifies the Peter Principle. It is dissociating the demand for the advancement of digital connectivity from the use of more powerful and intelligent digital consumer electronics and the software it runs on that is flawed. Marty