Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (21160)	10/11/1998 6:43:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I don't think the most affluent (in broad terms) components of society are really on the web yet. When the Web starts penetrating the 55+ crowd more deeply, then I'd be more comfortable saying that. William, How about the most affluent within their respective age groups? Glenn

To: Bill Harmond who wrote (21160)	10/12/1998 11:03:00 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

William- There is at least a two-step process for web consumerism. First, the high-income folks have to get on the web and get comfortable with it. Then they have to acccept and get comfortable with providing credit card and presonal information through their computer to an unseen web server somewhere "out there." There is a time lag between the 1st and second steps, and the 2nd step is a big one that, for the bulk of people (many of whom are already on the internet), may still be a couple of years away. The biggest use by far of the internet is still email, not shopping or even browsing for products. Email is also the #1 reason non-bus users, who are not yet connected, give for wanting to get connected to the internet. My own (biased) opinion is that by the time www consumer spending really mushrooms, it will be far too late for AMZN. Victor