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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (33739)	7/1/1999 1:29:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

Don't forget the drop to 8222 by 21 July <...could you explain...> Sure. I'm always happy to share my deadly accurate predictions. This one is for the Dow to drop to 8222 by 21 July due to oil being way up [from $9 in Dec to $16 now], interest rates going up a bit, the usual occasional rush of fear as people get vertigo and rush for the exits to buy in later when the silly people who hold too long have lost some money. Usually I offer a double your money back guarantee on these predictions, but this one seems tricky and the markets a bit disobedient, so it's just a money back guarantee this time. The New Paradigm is so robust that it might simply steam roll right over the top of crude oil prices, usual nervous fears, interest rate increases, the odd war and disaster; even a full blown plague or pestilence is unlikely to slow it. The industrial revolution is starting to look like the invention of the axe. Interesting but not particularly spectacular in the bigger scheme of humanity and it's technological development. Even the 20th century and the globalisation and urbanisation of the world with a very rapid extension of the industrial revolution and the overlay in the last 20 years with technological developments is going to look trivial compared with what's coming. The industrial revolution was largely the replacement of muscle. The 20th century streamlined paperwork and got the computer underway [more or less but still with the hurdle of Y2K to come which should see the start of the real story of computing power and communications]. The 21st century seems to have unbounded possibilities: Cloning and all sorts of DNA controls in living things including people. The Web as a brain analogue. Globalisation with Kosovo likely to be a prelude to quite a change in international politics. EudoraCoin [TM] and the end of the Fed as the money maker. All that stuff. Heaps and heaps and heaps of things everywhere you look. From aquaculture to comet busting. 6 billion people well above the famine line with R&D economies of scale of stupendous proportions - the industrial revolution developments were mostly used by a few million. Now CDMA can be developed by a few people then spread in less than a decade to 4 billion. So can millions of other developments. It's a very interesting [and profitable] time to appear on this planet. For most people anyway. Those at the bottom of the heap feel hard done by but they have refrigerators and things many of us didn't have as youngsters, so in real terms, they are vastly better off. Of course the gap between the 'richest' and the 'poorest' is increasing - because the poorest will always be just above zero and there is no upper limit. If the richest person becomes God and simply lifts off from corporeal existence into some 'other world' nirvana, it doesn't make the poorest any poorer. No more than a hedgehog's life is the worse for wear because humans have fancy cars to drive around in instead of walking [as long as their paths don't cross and they don't live in each other's neighbourhood]. That's the short version. Mqurice [When puters do what I want instead of what they want, then I will write Maurice - the q is not so much a Qualcomm q as an azerty keyboard q. In Belgium they use azerty instead of qwerty keyboards and the computer nerds told me to learn to type with a q where the a should be. I told them to get lost and sent out memoes with q's where a's should be. Not sure if that was part of your auestion]. PS: Got any more quick questions? Heh, heh!