Post 1008

by billso on Wednesday, 16 June 2004

Tech: From the AP: “Small companies, some publicly traded, are burning cash trying to turn Wi-Fi into viable business. Some have already shut down. Faster than you can say “industry bubble,” skeptics are asking whether wireless Internet connections will become similar to the wired Internet of the late 1990s — hot but rarely profitable. “Anyone trying to build a stand-alone business on Wi-Fi access should be worried,” said analyst John Yunker of Byte Level Research. “It’s not a stand-alone business, it’s an add-on to other communications businesses, the cable bill or the DSL bill.”“

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