UKNM: the absurd economics of the net

[Bill Thompson]

This week's Economist has a number of pieces about the overvaluation

of net stocks - worth reading - but they also point out the way

the industry  is going by imagining a company called "dollar.com" that

sells dollar bills for 90 cents and then makes money from selling

ads and impressions.


What frightens me most is that I can't see anything wrong

with the model... is it just me?


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Bill Thompson     +44 (0) 1223 245963

mobile:  0411 557361    http://dspace.dial.pipex.com/bill/

"You'll have to pry my private key out of my cold dead hands."

"Your proposal is acceptable..."

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