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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (7661)8/24/2001 5:24:55 AM
From: elmatador  Read Replies (1) of 74559
 
Abracadabras are like earthquakes. They have different magnitudes. I am going to put every abracadabra in terms of the potential bang.
As we progress, we will be re-classifying in terms of their impact. Let me give you a concrete example: Third Generation mobile 3G/UMTS had -last August with the auction rage- an impact of 7 in my Richter Scale. Today I would say it reaches maximum 3.

Zero emission in California had a few years back a 8 magnitude in GM, Ford Richter Scales. Today is barely moves the needle of the Seismograph.

Here is it:
Earthquake Magnitude - Richter Scale
M=1 to 3: Recorded on local seismographs, but generally not felt

M=3 to 4: Often felt, no damage

M=5: Felt widely, slight damage near epicentre

M=6: Damage to poorly constructed buildings and other structures within 10's km

M=7: "Major" earthquake, causes serious damage up to ~100 km (recent Taiwan, Turkey, Kobe, Japan, and California earthquakes).

M=8: "Great" earthquake, great destruction, loss of life over several 100 km (1906 San Francisco, 1949 Queen Charlotte Islands) .

M=9: Rare great earthquake, major damage over a large region over 1000 km (Chile 1960, Alaska 1964, and west coast of British Columbia, Washington, Oregon, 1700).
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