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Don't Assume Your e-Profits Away

By Stanley P. Jaskiewicz

Perhaps we all have heard the warning given by my late high school geometry teacher about what “U and Me” become when we make an (unwarranted) assumption.

I was reminded of that advice when I read The Wall Street Journal columnist Holman Jenkins's recent comments on Microsoft's planned acquisition of Skype. In particular, he was skeptical about what he considered an assumption underlying Microsoft's strategy ' the ready availability of a broadband connection as an “unmetered resource.” He also noted how many online business models now rely on the same assumption, from Netflix's streaming movies to YouTube videos.

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