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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%4:00 PM EST

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To: TobagoJack who wrote (2337)11/22/2005 3:42:08 PM
From: Maurice Winn  Read Replies (2) of 217830
 
TJ, I note in passing that GOOG is now at $415. I note too that ancient Aztec baubles are being valued at nearly $400. Financial relativity theory is alive and well and we are nearing warp speed. Even stodgy old QCOM putting together the nuts and bolts is going okay at $46, lurking not far behind Au, ready to lap it again when the Aztecs lose their puff as they surely will.

Yes, eventually, QCOM will lose puff, fizzle and die as is the law of all companies which are inventing and selling a soon-to-be-obsolete technological or other system. But there is lots of fuel in the tank at present and fun to be had and profits to be crystallized.

It will be at least years and more likely decades before QCOM gets puffed. Sometimes, fun can be had for a century or even two with one company, though with the demise of the original creators the great impetus is lost and the managerial classes infest.

I must go and crystallize more right now!

Mqurice
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