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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: saraw1 who wrote (30315)6/23/2009 4:20:43 PM
From: Frank A. Coluccio  Read Replies (1) | Respond to of 46821
 
Hi Sara, and welcome to the forum!

And thanks for sharing your insights in this matter. I, for one, shall be looking forward to your followups.

While reading your post I couldn't help but examine my own motivations and the outward stances I've taken in a number of current situations. I'd imagine that while going through the message one would be hard pressed not to indulge in some level of self examination, 'cepting of course, those who are prone to experiencing total denial.

The verdict? I'm still trying to decide, but so far I'm looking pretty good in my own eyes ;)

FAC

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To: saraw1 who wrote (30315)6/23/2009 4:40:31 PM
From: tech101  Respond to of 46821
 
Unfortunately it is true: Behavioral Economics 101: People will fight to the death (metaphoric and in some cases literal) to preserve what they have, rather than placing their bets on something that requires them to give up their current 'holdings.' They won’t let go of what they now have, no matter how puny or doomed, in exchange for something with which they are not familiar but that holds the promise of far greater benefit for all.

A good example is the struggle and fight between IPTV and the current TV/Movie/DVD/Cable business models. Read the following:

Netflix Boss Plots Life After the DVD

JUNE 23, 2009

The online model has another benefit for Netflix. The company currently pays about 80 cents to post a DVD to a customer's home and back. Its bandwidth costs for streaming a typical two-hour movie: ROUGHLY A NICKEL.

online.wsj.com