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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (16474)3/7/2002 2:15:44 PM
From: AC Flyer  Read Replies (1) of 74559
 
Of course, here's what I really think:

>>Today Alan Greenspan was on TV again and claimed that we are now in a "new economy" thanks to the computer..............you'll see that this notion is one of the biggest jokes foisted on the American public.--tradermike_1999, 2002<<

I do not think that the wireless waves I have discovered will have any practical application.--Heinrich Rudolf Hertz

X-rays will prove a hoax.--William Thompson, Lord Kelvin, president of England's Royal Society

It doesn't matter what he does, he will never amount to anything.--Albert Einstein's teacher to his father, 1895.

In less than 25 years the motor-car will be obsolete.-- Sir Philip Gibbs, 1928.

I think there is a world market for maybe five computers.--Thomas Watson, Chairman of IBM, 1958, attributed.

Nor are computers going to get much faster.--Dr. Arthur L. Samuel, New Scientist, 1964.

I'm going to live to be one hundred.--Health writer Jerome Rodale, 1971. He died the next day at age 51.

Other technologies, like electronic mail, worked as promised but failed to overcome human habits. ‘E-mail' was... readily embraced by techie types, [but] it was shunned by secretaries and others because it proved too difficult to use.--Time Magazine, 1991.

The Internet... will soon go spectacularly supernova and in 1996 catastrophically collapse.--Bob Metcalfe, InfoWorld, 1995.

And my personal favorite:
Nothing of importance happened today.--July 4, 1776 diary entry of King George III of England.
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