And what we've been seeing in stock prices, well, expectations were set way too high. We all hate it because we all loved the balloon. But it's only to be expected. And it's probably a good thing it hasn't crashed harder than it has. Coursey also believes that we will have multiple devices to get access to the Internet.
People tend to say the desk telephone, but there's the computer, the pager, the cell phone.
Over time, the question doesn't matter. Communications is just infrastructure. It's about which services you get. Still, he thinks computer hardware will become interesting again, once broadband access to the Internet is more available and there are more appealing services available to consumers.