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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Alias Shrugged who wrote (45028)	1/30/1999 5:13:00 PM
From: Knighty Tin	Respond to of 132070

Mike, So far, all of the Internet sales are smaller than sales at any of the top 5 retailers. And, once the new wears off and the taxes tack on, it is game, set and match. Some will still exist, but it will mostly be folks who did catalogue business in the past the old way. Travel is a good example. I always ordered brochures by mail and made my decisions after reviewing them. Now I can go on the net. Some advantage but not much. It is simply a different way to disttibute catalogues. And, sorry, I can't behave. Not in my nature. MB

To: Alias Shrugged who wrote (45028)	1/30/1999 7:24:00 PM
From: yard_man	Read Replies (2) \| Respond to of 132070

You do make one good point about the internet, though I agree with MB for the most part. Being able to transact business with mom and pop places like the B&B you mentioned. The internet gives these guys a new visibility, IMO. When you send off for info to a tourism place. You get a narrow list -- now not all folks are going to be on the internet, yet. Tourist associations will include some of the bigger options, but the internet provides an ease of contact for the smaller outfit. I think this tends to levelize things, but it doesn't mean that Geocities was worth anywhere near what YHOO is paying based on the possibility of generating profits ... Frankly, I think Greespan was full of BS and knows it (I think he was using reverse psychology to bring about a rapid decline) I don't think any of these firms will be worth a fraction of their capitalization in 2 - 3 years.