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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.29-1.6%Dec 12 9:30 AM EST

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To: Voltaire who wrote (54982)12/19/1999 3:44:00 AM
From: Maurice Winn  Read Replies (1) of 152472
 
For those like me who don't know what 'REITs' are, I did a Web search and came up with, among others: realtytimes.com

Real Estate Investment Trusts!

Has anyone noticed how already, people ask for a url to confirm something they are told by a pixelated person and people get nervous if they can't remember their Web source? The Web affirms our sense of reality, pats us on the head and sends us on our way with the 'real oil'. We happily stick close to it and ask it the answer to everything and it seems easier than bothering to remember the answer ourselves.

It already seems very normal to have the Web clipped onto the side of our heads like a big, fast, accurate, memory bank.

Buffett is not inclined to invest in technology, so maybe the above url explains why he likes REITs. IT [TM] doesn't figure in the REIT industry. They would have zero concept of The New Paradigm. They would consider IT [TM] and US [TM], {Itus [TM] as the short version}, to be pure science fiction.

I guess owning a house is like owning a REIT but cutting out the middle-man, yes?

Mqurice
An Itus [TM] fan club member.
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