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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: DreamWeaver who wrote (9832)	12/28/1998 3:32:00 PM
From: limtex	Read Replies (1) \| Respond to of 12468

DW - Quite frankly no. I didn't get on the band waggon but I wish all those who good luck and long may it continue. And of course it can continue because what we are seeing on front of our eyes is a sea change in the way severasl of the most important components of the entire economy are constructed. I wouldn't want to own a shopping mall today. Sure they will always be able to let to someone say restaurants or small businesses but as far as major multiple chains are concerned forget it. Sure they won't lose all their sales....only about 25% say by this time next year. But they will also be compteting with e-commerce traders who have much lower overhead and little or no rent in the US. No way to compte against such competition except by joining it and then bye bye owning stores!!!! Thats just one exampleand there are many others. SKYM today and who knows who tomorrow. The thing that is really amazing is how all the winners are new companies with young management. Why on earth didn't Barnes and Noble buy AMZN a long time ago. Can't now of course its the other way around!!! T could have bought AOL but not any more and so on and so on. What on earht were all the managements of teh existing big companies thinking about. I mean OK I didn't get in but then im not in the book selling business but they are and example after example the big company mamagements just had no vision. All thought they knew better. All of them with their fancy business school backgrounds got bettered bu a bunch of young kids with a lot of vision and enthusiasm. It is actually the best part of this whole internet explosion to see the utter jerks that are running the huge old established businesses and who have now been shown to have so little ability. Regards, L