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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: GraceZ who wrote (1652)12/7/2000 7:19:22 AM
From: Raja   of 4409
 
<<Saying that people in third world countries can't "afford" digital ignores the number of cell phones and satellite dishes you come across there.>>

A good point and quite true. BUT, percentage wise the number of people in developing countries who possess these items are much, much less than in developed countries. And don't forget that (i) cell phones are important for business and so are higher on the priority list;

(ii) I know for sure that in the U.K. 50% of population (approx. 28 million) has cell phone; whereas in India "The Indian GSM market has broken through the 500,000 subscriber barrier, expected to reach 3 million by the year 2000."
india-today.com

"NEW DELHI, MAY 18. 2000 The number of cellular service users in the country is poised to touch the 2-million mark.."http://www.indiaserver.com/thehindu/2000/05/19/stories/06190005.htm

Remember that the total pop. is about 1 billion. (I didn't bother to search for figures in China, Indonesia, Russia, Africa, etc..)

and (iii) with regards to a large nation such as India satellite or cable t.v. is very affordable for most middle-class people (subscription costs about Rs.150 per month = US$3.25); and as a great medium of entertainment it ranks very high on the priority list I mentioned earlier.

Raja
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