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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (34529)5/31/2003 10:00:24 PM
From: Maurice Winn  Read Replies (1) of 74559
 
More dirty talk Jay! <... because I was informed that "1 year treasury rates in India have dropped from 11% to 5% in the past 3 years.
The currency is appreciating and the Central Bank is fighting like mad to keep it from further appreciation.
The stock market hasn't moved for 3-5 years. Valuations are in the 7-15 p-e range for the most part. 11% Nominal GDP growth for this year. I smell a nice bull market a la early 90's in Southeast Asia."

... and so I figure it is time to rush in, buy, pile on, hard buy, burn and loot, buy again, >

QUALCOMM has been enthusiastically pushing CDMA in India and India has started buying. I hope you are right. I'm sure all the outsourcing Indian software writers are keen to buy some swanky new phragmented photon cyberphones so they can stay connected always. They'll be like our son Tarken - living in their preferred surroundings, with quick links into cyberspace, making money and having fun with every bit that flies in and out of their computers.

1xEV-DO CDMA2000 will enable even better connection to cyberspace.

I far prefer the Indian IT workers to get the money instead of Americans because Americans would just increase fuel consumption and girth without buying more cyberphones whereas the Indian IT people will buy light sabre cyberphones first and SUVs last.

Mqurice
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