Silicon Investor (SI) -- The First Internet Community

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To: Due Diligence who wrote (4463)	7/29/1998 12:07:00 AM
From: Binder	Respond to of 9440

The internet has an integrity factor somewhere below that of television. What is so confusing is that we see a commercial for something on television that appears too good to be true, and we laugh at it. (Although I personally bought one of those things that was supposed to make whipped cream out of skim milk...it didn't work) We know it's bull when we see one wet paper towel hold the weight of five 'full coffee cups'. We laugh at them, because we know better. So why is it that when we hear of something equally as preposterous on the internet, we do not turn up that same speculative eye? We know that the mediums of internet and television are corrupt. So why are we all so prudent in one arena, yet so willing to take risk in the other? Maybe it's because the internet is still so new to society, that it is still possible to transfer responsibility to others. TV lost that quality long ago. You don't see people suing Art Linkletter when they later decide that life insurance wasn't such a great deal after all, and I don't think there is even a disclaimer on the commercials indicating that he is being paid to do the ad. It is my opinion that just as television is not really an accepted medium for stock promotion, the internet will soon become the same way, maybe in the form of an outright ban on internet trading. It is a shame that one of the most powerful tools available to man is being abused in such a fashion that it forever taints itself. You would have thought that we would have learned that lesson the first time around, with television. It's so typical tho...the greed of a few corrupt good things for the rest of us. Just my paid for right to post, sorry to ramble, :-) Binder