Boo! Says the ghost. There, not so quiet now, but the break was nice.
Ramsey is on vacation in Bangkok since Friday = danger signal if the alleged curse holds. Q! price was going happily up to $80 by 31 January 1999. The weather has been great in NZ - yayy for the greenhouse effect, long may it increase. 3D life is fine. I haven't had much to say. The USA economy went very well in 1998 as expected and the Asian contagion barely dinged it despite Klugman's fears of serial and parallel stupidity which Mahathir is indulging though many others are not. Silly Mahathir took Klugman's letter on temporary currency controls at face value.
The USA Senate swears on oath to be impartial, thereby committing perjury and therefore requiring to be impeached. Good for Larry Flynt catching a pack of prurient interrogators with their pants down, so to speak.
Meanwhile, oil rigs are idle, the suppression of Iraqi oil production continues and production and supply are balanced at over $10. Close call for Saudi Arabia. Still under pressure. Production there will increase.
Maybe the detailed explanations from Gregg, Walt, Engineer and others bamboozle Q! prospective shareholders and paradoxically the share price is suppressed by such excellent information and analysis. Not to worry, while the long term aim of management is definitely to increase the share price if not just the dividends to shareholders, it doesn't matter if the P:E sits at 5 as long as we don't need to sell our shares. Trouble is, one day we all will, so it would be nice to have full value recognized in the market price [once we are fully stocked up at bargain prices].
I was enjoying the 3D Sunshine Break and keeping half an eye on the thread - but felt I better point out that life in 1999 is fine thanks Taichi, as far as we know. Though of course there is bound to be plenty not fine as it progresses, judging from the past millennia of human history.
The silly ITU deadline came and went. They don't want to be simply ignored - they want to keep their salaries, lunches, jamborees and plane rides going, so have to keep the WWeb discussions on the rails. 3G-TDMA is a dead duck and everyone knows it. So they'll find a way to encourage some agreements on royalties and licences.
Dow at all time record, along with Nasdaq, as the increasing strength of the USA economic, political, military and legal systems attract the world's resources like a giant black hole. There is no point investing in NZ, Japan, Malaysia, Korea, Russia or other states which steal from excessively from taxpayers, and otherwise abuse political power. Sure the USA is far from perfect, but it beats most other opportunities.
The lamb farmers of USA for example are whining that NZ and Australian sheepmeat producers are undercutting them so they are seeking protection by the USA government. Bad luck! It's called a free market and free trade. The USA sheep farmers will have to get a job making cdmaOne handsets instead. Charlene Barshefsky will tell them to get a real job!
And what are these Jets being cheered on the thread? Are USA jets bombing Cuba or something now? I have a queasy feeling it is a baseball or basketball team.
Markets open soon for the first time since Ramsey left, so it should be fun. I reckon his curse is a crock! The Dow will continue the inexorable rise to 16000 by Feb 2002. With 20% drops every other year. Alan Green$pan will keep right on printing as inflation and deflation remain at nothing as the New Paradigm continues to zoom the world towards Shangri-La in the 21st century. Human nature notwithstanding.
The Euro is a yawn. A last ditch attempt by the Eurocrats to try to revive their 19th century days of glory. Sure, it is much nicer than stopping at borders to swap cash around every few hundred kilometres, losing 10% on the deal everytime and keeping little cans of coins and cash in the cupboard for the next trip 100 km away over the border from Belgium to France, Germany, Britain, Holland, Luxembourg. It's good they've done it, but it seems to be just another layer of bureaucracy at present. Which is par for the course.
The idea that it will be a threat to the USA dollar or something is a lot of rot. Check the hands on the printing press and the political and economic systems on which the currency depends. The Euro will be useful. But they won't be using it in Russia, Cuba and everywhere else until the Euro population votes for more freedom than Americans do in the USA. Which doesn't seem likely any time soon.
Okay, enough of a rant. It was going to be about Quarks, DNA, CDMA, but that will have to wait for another day. A brief description of Quarks:
phy.cuhk.edu.hk
Mquarkce
PS: Don't forget, $80 for Q! by end Jan. 1Q 99 should be pretty good. They were selling all the handsets they could make as well as ASICS, Wireless Business Solutions [nee OmniTracs], infrastructure, Globalstar gateways and collecting serious royalties too.
Oh yes, I have no inside information, but it seems logical that some big company, such as MSFT, buy QUALCOMM. Microsoft and $ill Gates are always on the lookout for the thing which could come up and swamp them, though they were slow onto the Web. Maybe, since they seem pretty damn smart, they figured out that the market capitalisation for Q! could dwarf Microsoft, Compaq and Intel combined once WWEb gets rolling, it would be good for them to put up the money and Q! put up the brains, thereby accelerating the WWeb into the fast lane and giving it huge momentum.
They've been on the Teledesic case for years now and Q! efforts have not escaped their notice - hence the WirelessKnowledge arrangement which MSFT said would be BIG! Big must mean 'very large' to those people.
MSFT can have my shares. I'll think about it at around $200. For $300 they can have them tomorrow. NB: Prices subject to change without notice. |
