To: re3 who wrote (9827 ) 5/25/1999 11:44:00 PM From: GraceZ Read Replies (3) | Respond to of 29970
...I just bought @ home...and well, unfortunately paid $ 147...you listed this stock in your portfolio holds ATHM is still my largest position, didn't start out that way, it grew into the largest (even with this correction) Some people on the GNET thread were discusing the rumor that the telcos want to charge long distance for internet access....frankly, even though they are siting CNN as their source, I think that this has come up as an unfounded rumor before. It would certainly drive people to cable internet if it were the case. Does anyone here think that they would be that clueless?the purchase of xcit interests me...but, is athm biting off too much ? The real value in ATHM is not in just being an ISP. The value is in being a customer/service aggregator. Think of all the goods and services that people will be purchasing over the internet in the next ten years. Think of how sick of being mass marketed and tele-marketed everyone is. [example, you are at a party having trouble getting off the ground -(the party, not you)....start talking about telemarketers...everyone will talk at once and telling their stories] So now, how do these two things come together? I for one don't mind getting sales info on those things that I'm interested in buying, its the ones that I'm not interested in that bother me, its the interuptions at dinner. Suppose I trust someone to be the go between. I give them info in what I'm interested in with the promise that they will hold it confidencially and pass on the sales info only for those things I'm interested in. This where Excite comes in. You hand Excite your location and preferences and you have your own personal news page, stock tickers, weather, movie times, etc. It's gonna get a lot more sophisticated than that. Given enough info from enough users that is churned into the system, they will not only give you what you know you want to see...but what you don't yet know you want to see. Examples are Amazons recomendations. They have enough people buying books and music from them (and are mining the info) to know that if you liked this, you might like that. (BTW every e-tailer is shooting for this goal....to be the trusted go between, to mine the info. Frankly, I want a disinterested party or at least one whom makes it clear what this service is costing me.) I can predict that this will happen, I just can't predict who is gonna win this battle to be the one. Perhaps it will be an ATHM/XCIT, perhaps it'll be AMZN, good ole AOL....all of the above. Many here have said that they skip through the @Home front page, so perhaps the advantage that AOL has had (in controlling that first page) will not be there. I have a feeling that for the masses, they will go to it. The more advanced users will pick their own infomediary. This is where a company like GNET may win. Targeting the more sophisticated user. There's a lot more to GNET than SI and the parts are coming together very fast. You will want to check out the GNET thread. As for the i-nets sell off....I'll be buying. Bought in every sell off since 1987 and it has worked pretty well....can't say I always got the bottom, but I sure didn't always get the top!