Right now we have 45-percent PC penetration in the U.S.. It will be years before we see that in China. There's no need for the Internet right now. They have plenty of other problems.
More Quotes from Jeffrey Maxick:
It will be a long time before the trial is over, and the stock will have gone through all sorts of gyrations in that time. It's not going to be a huge surprise when the decision is announced. I don't think when the day of reckoning comes the stock will move that much.Jeffrey Maxick
Companies have to invest in research and development, lest their competitors pass them by. And they have to spend money in sales and marketing to make sure their products are getting their due in terms of promotion. Right now, the environment is so competitive that it's impossible to shift the increase in costs to the consumer, and companies are getting their margins squeezed.
Jeffrey Maxick
There are so many poor people in China, and they don't need a super-powerful system. As long as they can get something cheaper and still communicate, that's all that matters. Access to the Internet is the most important thing.
Jeffrey Maxick
Stocks don't always trade in conjunction with their business fundamentals. Companies like Compaq and Dell don't have big overseas exposures. They're just getting caught up in this general market sell-off.
Jeffrey Maxick
It's really tough to say how that will pan out. Set-top devices could be one of the major avenues of getting on the Internet. For the masses who don't deal with computers on a regular basis, they'll feel more comfortable with using a TV for access.
Jeffrey Maxick
The market already knows this is going to happen. There are so many things going wrong for the company right now, and this is just one.
Jeffrey Maxick
Readers Who Like This Quotation Also Like:
Based on Topics: Internet QuotesYou just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed long-term.
James Sinegal
I try to give people a different way of looking at their surroundings. That's art to me.
Maya Lin
I wish I had the voice of Homer to sing of rectal carcinoma.
John B. S. Haldane