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To: donald sew who wrote (14108)	5/16/1999 7:59:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

donald sew: My position is very simple and that the internet in general will no longer be new, it will become the norm with the companies faced with more and more competition worldwide. As competition rises, profit margins decline. What profits??? <gggg> Regards, LG

To: donald sew who wrote (14108)	5/16/1999 8:08:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 99985

<For example the auto industry involves huge capital investments and resources, where the internet only requires basicly brains. The U.S. had advantages in the auto industry especially when it comes to raw material resources, but the U.S. will not have as much of an advantage with the internet.> Donald, I beg to differ. So far the U.S. has developed most components of the Internet and is the nation using the net to best advantage to revolutionize its economy and social structure. Where is Japan in all this? Or Taiwan? Or even Germany? I see no developments on the horizon to suggest that the U.S. will cease to be the global fountainhead of Internet innovation.