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Technology Stocks : Nokia (NOK)
NOK 6.835-1.1%Nov 7 3:59 PM EST

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To: 49thMIMOMander who wrote (8804)1/13/2001 4:07:00 PM
From: Maurice Winn  Read Replies (4) of 34857
 
SMS will get even bigger when there is voice-to-text input. Multiple presses of a key to get a single letter is absurd. Using short forms such as u, instead of you, is not the ideal way to get good communications, though SMS is a fun, fashionable, game to play for a while. Wayward youth are going totally berserk with it.

A wayward youth we know and his family won a trip around the South Pacific in a small Lear Jet as a prize in a Vodafone SMS lucky draw. They had sent hundreds of messages. I saw one of their accounts and there were about 5 pages of calls made, the vast majority being SMS.

Everywhere you look people are peering at their phones, SMSing away, flat out. My technologically Luddite spouse is using SMS too! Having refused to accept [5 years ago] that cellphones have any place in life outside yuppiedom and self-important poseur circles, she is now a cellphone-wielding SMS enthusiast [though of course in decile 1 compared with the decile 3,4,5,6,7,8,9,10 wayward youth SMS brigade who make up 80% of the SMS messaging tribe. This is mania writ large.

This is very good news for wireless investors, especially in Nokia and QUALCOMM, because these crazed youths will be spending the next ten years working to pay for upgrading on at least an annual basis, if not more often. A 16 year old wayward youth in this family, who earns her own money, has owned 4 cellphones, 3 this year; an Alcatel, a Nokia, a Sagem and now a Nokia again [a US$250 Nokia with three covers].

Cellphones are like the Pied Piper of Hamlin, playing his magical tune and all the children follow: hameln.de

We have plunged beyond the event horizon and are being sucked into the maw of wireless Internet. Our children are being lured away to disappear into the very heart of cyberspace:

<... On the 26th of June in that year he returned, this time dressed as a huntsman, with a grim visage, a wondrous red hat. While the townsfolk were assembled in the church, he again sounded his pipe in the streets.

But it was not rats and mice who came out this time, but the children! A great many boys and girls older than four came running and were led through the Ostertor gate into the very heart of a hill where they all disappeared.

Only two children returned because they could not keep up: one was blind and could not show where the others had gone, the other dumb and not able to tell the secret. A last little boy had come back to fetch his coat and so escaped the calamity.
>

This is good.

Mqurice
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