Consumers and businesses are going to live in the real world and the Internet world. The lesson is: Traditional companies that are tied into the Internet ought to have more growth and Internet companies that are tied into more traditional companies should have more profitability and stability. |
It looks to me, with a slowing economy, the first half of the coming year is going to be pretty challenging but the second half will be a little easier. For the investor, the challenge is to stay on the sidelines and watch what the growth expectations are ? the challenge is to keep your eye on the trend line and when the markets assumptions get way above, you sell, and when they get way below, you buy. |
It's [the Internet] not going to replace everything. It's going to complement most stuff but there are some things it's going to supplant. |
Maybe what eBay does is so part and parcel that you can't tie it into the traditional world. |
The AOL unit is a critical piece of the puzzle. |