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To: Frank A. Coluccio who wrote (7682)4/11/1999 12:04:00 PM
From: Rick  Read Replies (4) | Respond to of 29970
 
At these prices - ATHM seems to be extremely overvalued to say the least...Please tell me why anyone would want this stock at this price.
(in rational terms - not hype) I know you are a rational guy Frank - so perhaps you can shed some light on the issue.



To: Frank A. Coluccio who wrote (7682)4/11/1999 12:04:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 29970
 
A Killer App for Computer Chat

economist.com

>>Computer scientists and hobbyists have spent years writing software that can hold rudimentary conversations with people. At last, a use for it is emerging...<<



To: Frank A. Coluccio who wrote (7682)4/11/1999 5:26:00 PM
From: FR1  Read Replies (1) | Respond to of 29970
 
No More Free Ride for Web Communities.

I'm not sure I can agree with this. Yhoo has enormous chat rooms and they are all free. Basically, they set them up and just let them run. You can argue that a lot of garbage is presented there (because there is no one to control content) but it is still worth going to and you can click past the garbage.

Look at it this way - computers are becoming a TV on steroids. You can select your program, get it instantly, and interact with it.

It costs hundreds of thousands (sometimes millions) to produce a half hour TV show that everyone sees for free. The advertisers will pay the bucks if they have the eyeballs. I think what is happening is that ads are more targeted (only show the widget ad when the show or conversation involves widgets). The ads cost less but there are more of them. Also, the force is with the internet (compare internet growth to TV growth). Respected ad rating services are beginning to become involved in the internet and the audience is growing rapidly.

Who knows where it will wind up. I think the model of a free service supported by highly targeted ads will win out. If I had to pay even $5 for every site I wanted to visit and participate in, I would be bankrupt in a month. I think most people surf the web and stop at places that are fee and have content they are interested in. They skip the pay sites for the reason above.