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To: Maurice Winn who wrote (37311)7/27/1999 6:35:00 PM
From: limtex  Read Replies (1) | Respond to of 152472
 
MW -

Which of My Pal Al's mumblings were rediculous please? Maybe you have a point, but it isn't apparent yet

The clearest example is I believe his comment about the rate of increase in productivity having to slow down because as he put it it is only logical that it must or words to that effect.

Well each tech advancement these day helps us to create and develop fruther tech advances by orders of magnitude. Examples the Boeing 707 was I believe that last commercial jet airplane that could hve been designed and manufactured without a computer (or CAD).

Other here may be able to express my premise better than I. In the meantime the rate of filing of patents has continues to increase and shows no signs of abating. This is only to be expected as the tech developmets we are living through are the greatest that have ever been achieved in the history of mankind.

So there is one example of Old G being wrong in my view.

I wish he would concentrate on the one commodity that could cause price inflation and that is oil. Let him have a go at the OPEC gangsters for a few months and leave the market alone unless it needs his attention which recently it hasn't.

Best regards,

L



To: Maurice Winn who wrote (37311)7/27/1999 7:26:00 PM
From: Morgan Drake  Read Replies (1) | Respond to of 152472
 
<<I need to know about it or go to the poorhouse with Frank and Morgan>>

Hey wait a minute, Maurice. I didn't go to the poorhouse. I just did a drive by last week. :-)

Morgan



To: Maurice Winn who wrote (37311)7/27/1999 8:11:00 PM
From: Ruffian  Respond to of 152472
 
China On Hold>WSJ

CDMA on Hold

A key problem involves China's use of a new telephone technology called
CDMA, or Code Division Multiple Access. China pledged to adopt the
new technology earlier this year, but since then no CDMA companies
have made sales to China. Mr. Aaron said he believes China will adopt the
technology, but is linking it to WTO entry. He also said a reorganization of
China's telecommunications industry was to blame. Two Chinese
companies are sparring over use of CDMA, and until this battle is sorted
out, U.S. companies are unsure which company will purchase the
technology.

Another recent problem is China's insistence that telephone company
China Unicom buy out foreign companies that invested in it through a
controversial arrangement called "China-China-foreign." China maintains
that such arrangements are illegal because foreign companies are not
allowed to own stakes in Chinese telecommunications companies. Mr.
Aaron said it will be difficult, however, for Unicom to carry out its other
goal of listing on foreign stock markets until it resolves this issue.

"I don't understand exactly how they're maintaining their position that you
can't have any foreign ownership ... and yet go to the international capital
markets and sell shares," Mr. Aaron said. "This does not compute."