Excite@Home survival questioned
In this case, you (Excite) get nothing in return for such an enormous investment in this service, because you (Excite) didn't charge for the service. Sure, you can hide behind the beguiling argument that advertising is the source of your income, but try telling Salon.com about advertising, or even I-net Media.
When a service doesn't charge for their support, ANY and ALL profits are a direct inflation of the value of something that simply DOESN'T EXIST. Excite@home has no "Hard Equity" built up, besides a big building and lots of servers. What was it all for? Who were these people FOOLING?!
Come on' fellas, it was only a matter of time.
And THAT, was an opinion of Michael Morelli
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