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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (4887)	2/24/2000 7:28:00 PM
From: Jim Willie CB	Read Replies (1) of 35685

hey CrackerMan, TommyReb, MzippiMeistro what a great response to the China news today for QCOM market realizes nothing has changed on Q's future prospects they are not buying earnings, rather the inevitable dominance China would have contributed to earnings late in y2k as Ruffian mentioned to me by phone, China is only delaying so that its own fledgling companies can grow enough for their competitive battle with NOK, MOT, ERICY the China news only buys the lilChinese firms some time as you said by phone, we get a lift from the China news, when it next turns the switch on in my rarely humble opinion, I think the NazComp and technology stocks have given a stern reply to Greenspan FAHKK EWE !!! yeah right, "productivity will yield inflation" that statement speaks total volumes it can be interpreted as follows: ----- I dont really understand - this tech revolution - how to measure the extreme competition holding down prices - how the internet is rendering impossible widespread price rises - how the internet is slowly eliminating middlemen and overhead - how the internet is forcing old industry to reduce costs - how the internet is forcing all business to exploit it - global sharing of labor pool holding down labor costs - that productivity is on an accelerated course - how to avoid the bifurcation between old industry and new industry - how market forces will slow technology growth, when it is ready to do so - how even to measure productivity anymore - how wealth can and should be distributed among the masses message to Alan Greespan: LET LAISSEZ FAIRE WORK the market is much smarter than he is, smarter than I am it might be smarter than the Mzippi Catfish StrawMan AG gave up years ago relying upon govt hack statisticians for his analysis or databases the govt is now two years behind in doing its job / Jim Willie

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