View Full Version : Ron Paul is good for Internet industry

11-03-2007, 01:01 AM
Freedom is popular--and profitable...

Living In A Networked World
Brian Womack
Fri Nov 2, 6:00 PM ET

When Web-friendly presidential candidates Barack Obama or Ron Paul get thousands of hits on YouTube, it does more than just inform voters and agitate rivals.

It taxes the gear running the Internet and other networks around the world.

Video is a voracious consumer of network capacity. YouTube -- and other "Web 2.0"-oriented sites -- are driving demand for more gear to handle that growing traffic.

That's lifting sales of technology providers such as Cisco Systems (NasdaqGS:CSCO - News), Juniper Networks (NasdaqGS:JNPR - News), Netgear (NasdaqGS:NTGR - News) and Foundry Networks (NasdaqGS:FDRY - News). Sales and earnings are up -- sometimes along with profit margins.

Read the whole thing here (http://news.yahoo.com/s/ibd/20071102/bs_ibd_ibd/20071102industry).

11-03-2007, 01:33 AM
I wish I had thought of that sooner and invested! Free market economics at its finest right there. Thats a great article.