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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (816)	12/30/1999 9:58:00 AM
From: SeaViewer	Read Replies (1) \| Respond to of 42523

QCOM traded from 740 to 640 in less than 25 minutes. If this is not a casino, what else is?

To: pater tenebrarum who wrote (816)	12/30/1999 10:20:00 AM
From: KyrosL	Read Replies (1) \| Respond to of 42523

Heinz, I think that the main deflation driver in the not too distant future will be the furious technological investment, which forms the basis of the current boom. I think imported goods deflation will play a negligible role in this future deflation, because goods are a small and diminishing portion of the GDP pie. I will site two examples only, banking and business travel. Easy secure access to one's bank account via the internet associated with electronic deposits, payments, and transfers, which rapidly are becoming routine for the average person, have the potential of essentially eliminating brick and mortar banking as we know it in the next decade, with profound consequences to employment in the banking industry as well as real estate, etc. Easy secure access on the desktop to full motion visual teleconferencing, will severely diminish the need for business travel, which sustains a bunch of industries from airlines to hotels, to rentals, etc. Kyros