Investor's Business Daily

Betting the House

April 29, 2002

Home networking holds out the promise of bringing broadband into the front door and distributing it around the home to PCs, entertainment systems, and smart appliances. But it could also be the next technology flop, a WAP for the next generation of starry-eyed investors and entrepreneurs. Kurt Scherf, vice president of research at the Dallas, Texas-based research house Parks Associates, is confident of home networking's future. But he's careful about overstating the extent to which it will revolutionize life at home and quick to throw cold water on the most dreamy visions of a wired household. "It's damaging to the industry to talk about George Jetson," he warned vendors at a Tel Aviv conference on home networking in February sponsored by Bynet Academy.

From the article "Betting the House," by Yochanan Altman.

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