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To: cfoe who wrote (6461)	2/12/2000 8:03:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 13582

Bob Metcalf also predicted that the Internet would crash (due to too rapid growth of usage (vs. buildout of capacity)) in 1996. Maybe he should join Alan Greenspan in a list of very bright people who are always wrong in their predictions, despite their obvious "deep" thought. Jon.

To: cfoe who wrote (6461)	2/12/2000 8:20:00 PM
From: Cooters	Respond to of 13582

cf, I haven't read much of Metcalf's views, but he reminds me of Robert Prechter. As they say, even a busted clock is right twice a day. It is often easy to preach the negative, but you cannot create anything(wealth, jobs, standards of living) that way. The last 10-15 years have been very challenging for the moral bears, and even more disappointing for the Europeans. They cling to this 'Europe is ahead in wireless' nonsense as the poster event for industrial planning. Even the WSJ, a source document for investing(IMHO), buys into this line of beef. If CDMA, and especially CDMA2000, ends up as a global standard, it will be the defining moment in free market theology. Cooters - and the C is for Capitalist