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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (66462)7/21/2005 8:15:01 AM
From: Maurice Winn  Read Replies (2) of 74559
 
TJ, there's a slight difference between stealing intellectual property and competition such as Skype. <big pharma will be skype-ed, just like the telcos>

Of course, as patents expire, the cost of production of the pharmaceuticals becomes the benchmark. It costs a LOT to invent a pharmaceutical robust enough to jump through umpty$millions of regulatory hoops. No reward = no investment = no inventions = Brazil stays as it deserves to stay.

Logging on briefly from Montpellier, to see what's happening in cyberspace. I see TOL is tolling the shorts. I see NEM is sagging. I suppose HOV is harrassing the shorts too though I haven't checked.

I see 3G for sale everywhere. I see hordes of people swooping around in cyberspace [albeit in voice-only mode, and SMS] on their mobile devices. Apparently there will be a billion cyberphones sold per year by 2010 and something like 4 billion or maybe it was 3 billion people using them. They will nearly all be 3G gadgets. I can hardly wait, except that another 5 years is another 5 years less to enjoy my well-deserved dividends. Life is back to front. I needed those dividends when I was young and had forever to live.

Oh well, I suppose the descendants can spend it for me. I wonder if they'll spend it on something useful or just pour it down their gullets.

Mqurice
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