Bellster take two

Jeff has a short and sweet response to my original Bellster piece. (JP… you gotta explain what you mean by that!) Now Aswath is suggesting that I don’t get it. Makes me wonder what am I missing here? Because gee-whiz technology not withstanding, the economics of the service is what I cannot decode. Its sort of like what George Gilder used to say about optics, but couldn’t make it work in the real world from a profit-and-loss standpoint.

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