"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." Western Union internal memo, 1876.
"I think there is a world market for maybe five computers." Thomas Watson, chairman of IBM, 1943.
"Computers in the future may weigh no more than 1.5 tons." Popular Mechanics, forecasting the relentless march of science, 1949.
"I have travelled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out the year." Editor in charge of business books for Prentice Hall, 1957.
"But what... is it good for?" Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.
"There is no reason anyone would want a computer in their home." Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977.
15 years ago, people wondered of what use was a MOBILE PHONE, but they are now common-place!
5 years ago people wondered why anyone would need an E-MAIL address (electronic mail), yet they too are common place and used by millions worldwide!
TODAY, some people wonder why we need websites and the Internet, yet websites are selling at around 100,000 to 350,000 per day!
The 40 richest millionaires and billionaires in the USA were made that way via the Internet.
There are 400 new millionaires created in Australia every week through association with the Internet. Sunday Telegraph (approxiamatelyJuly/August 2000).
Globally, 25,000 new home based businesses (mostly commission based, ie: "Relationship Marketing" or "Network Marketing") start every day.
20% of all millionaires in the USA were made that way via Relationship Marketing.
"Of all the computer power ever built, 90% of it has come online in just the last two years; 350 million computers are in use today. But the real market is seven times bigger. Only 1/3 of the world's population has ever made a phone call. The profit potential in telecommunications is astonishing; Internet traffic is now doubling EVERY 90 DAYS!
Don't be just a passive onlooker - get on board and profit from the Internet revolution."
Michael Murphy, Editor of 'Technology Investing'