Reader Comments (rss)

(Flattened / Threaded)

1.  

   Cramer's whining

   

   Mike (profile), Oct 3rd, 2000 @ 5:01pm

   
   

   That's not just "an analyst". That's Jim Cramer who's a professional stock market loud mouth and the founder of TheStreet.com. Anyway, we've already covered a lot of his viewpoints here on Techdirt, as he continues to only take the extreme views. I used to like his columns a lot in the past, but now they're just too much. He's been screaming about how the sky is falling for too long now, considering how long he was yelling about how the web was going to change everything.
   
   The point that Cramer is missing in his analysis is that the web *is* a different medium for consumers as well. He goes about as if he's blaming his very readers for being greedy punks who are trying to steal from him. That's not the case. The fact is that people online understand the nature of info on the web, and that it doesn't cost any more (except bandwidth) to produce a copy for me or the next guy. That's not the case with a paper magazine. The economics are different. Yes, the original production costs are similar, but the marginal costs are very very different.
   
   I'm not saying I know the answer on how to make money on the web, but I think Cramer is beating his head against the wrong wall.

   [ reply to this | link to this | view in thread ]

2.  

   Re: Cramer's whining

   

   Ryan, Oct 4th, 2000 @ 6:30am

   
   

   Cramer seems really bitter to because his idea didn't work out. He didn't understand the medium and so he seems to be blaming the net users for his mistakes (therefore his crappy attitude), the guys toast if he doesn't move on an keep trying for the next thing.

   [ reply to this | link to this | view in thread ]

Add Your Comment