[41683] in Cypherpunks
Re: Postscript in Netscape
daemon@ATHENA.MIT.EDU (s1018954@aix2.uottawa.ca)
Wed Oct 18 09:09:13 1995
From: s1018954@aix2.uottawa.ca
Date: Wed, 18 Oct 1995 09:07:49 -0400 (EDT)
To: cypherpunks@toad.com
In-Reply-To: <9510181233.AA12939@all.net>
On Wed, 18 Oct 1995, Dr. Frederick B. Cohen wrote:
> You claim that you provide secure net access for the purposes of
> transactions - which you don't - and you have gotten an enormous amount
> of money from people who don't understand these issues based, at least
> in part, on your false claims. Some people might interpret that as fraud.
Valium time. Speculators on NASDAQ understand that technology stocks are
risky. The people who gave netscape that enormous amount of money are
betting on *profits*. As far as security is concerned, they are only banking
on the consumer perception of it, not the actual thing. I also don't think
most investors buy a high-tech stock with the impression that they
understand the technical details (not unless they're genuises or soon to
be bankrupt fools). And as far as actual consumers are concerned, they have
yet to give netscape even a hint of actual profitability.
