Silicon Investor (SI) -- The First Internet Community

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To: Jeffrey S. Mitchell who wrote (29242)	1/22/2013 9:54:50 PM
From: Dale Baker	1 Recommendation Respond to of 32936

Well said. The CNBC business model is a perfect illustration of how serious players in the market behave. They have a tiny audience but it's very profitable due to the demographic. But my impression from the SI folks I've known going almost 16 years is that they are the millionaire next door type. Almost all 50+, affluent, working or retired professionals and not very flashy when it comes to spending or coveting fancy toys. So we strike out on the youthful active enthusiastic scale but we aren't going to buy time shares and fancy golf trips if they are advertised on the site. That's why it makes more sense to me to see the site sold to a shareholding body that then hires someone to be the hardware and software plumber and babysit things. I suspect that with the current infrastructure it could sit here and do its stuff for those who like it just like it is for a very long time to come. It almost worries me that someone wants to mess with that. And seeing your subsequent comment about gurus, that's what set the spark in SI. Today, however, that horse left the barn years ago and ain't comin' back. There is no cult of stocks or trading any longer to pull in the acolytes that gurus need to strut their stuff. The odds of another Internet bubble are almost nil. Even the credit bubble didn't produce that kind of froth in the markets again.