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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: PMG who wrote (34548)	10/7/2000 1:44:02 PM
From: PMG	Read Replies (1) \| Respond to of 50167

``With an extremely weak phone industry, how can you have the equipment makers so strong?'' Balance asked. ``At some point, the pain (of paying for new networks) will have to be spread.'' Phone-equipment makers may have to lend money to phone companies to help them upgrade networks, he said. (from Bloomberg)

To: PMG who wrote (34548)	10/7/2000 3:06:01 PM
From: TWICK	Read Replies (1) \| Respond to of 50167

PMG. Take it all with a grain of salt while you spend time over there. One book that I ordered (not online. I don't buy online, unless it's something I know I can't buy locally.) is by Michael J. Mandel The Coming Internet Depression: Why the High-Tech Boom Will Go Bust, Why the Crash Will Be Worse Than You Think, and How to Prosper Afterward amazon.com The title fits my current views of the markets, world economy, and how I feel about this whole "Internet Experience" (shopping, commerce, wealth from the net, etc..) We, as consumers, businesses, and investors, want it all now. This "now, now, now" mentality caused a gold rush in the high tech sectors. There are now too many companies chasing after the same customer with the same products and services. They need to be washed out and sent packing. That is going to take time and will hurt all of us who are still out there in La-La land buying these POS companies on every dip. (Ahhh. That was therapeutic) So, why not read it and see if there's something Mr Mandel and I agree on, or he can give me something to chew on, so I can re-think my current and future investment plans. Of course I'm going to read it with a grain of salt ;-) Twick