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Pastimes : Ask Mohan about the Market

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To: jeff wheatley who wrote (11236)	12/12/1997 1:17:00 PM
From: Tommaso	Read Replies (1) of 18056

Exactly. My aim is to have tons of cash to get back in. Maybe not for a year, maybe two, maybe three, maybe more and maybe in and out once in that time. I think I will probably let a mutual fund manager find the stocks for me though. But we'll see. Semiconductors aren't going to go away but it may be hard to make money on them. To me (although I have never managed to put it into practice) the way to make money is to identify some task that is especially onerous or slow and invest in the technology that makes it quick and easy. From washing machines to copiers, calculators, and laser printers. Surely there's still a huge potential market for washers in China. Billions of dirty pants out there. The only thing I can think of that really bugs me right now is the continuing need to pay many bills with checks and envelopes. So to me a reliable, safe, trustworthy Internet banking system would be a great thing. Anything in the works along this line? Also, more and much nicer places for old people with a fairly good income. The places I visit my retired and aging friends are a lot better than college dormitories but still seem claustrophobic to me. I would want my own garden and fenced patio--not some common area. Or maybe in-house services for old people. Travel can always stand improvement. Better services to and from airports. And America really should have coast-to-coast bullet trains that go from New York and Washington to San Francisco and Los Angeles in twelve hours with ten stops in the middle of larger cities. This would be a good prime-the-pump project to get the country out of a recession. Just thinking of things that a lot of money could go into and possible areas of future investment.

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