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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (1977)	10/8/2000 10:50:04 PM
From: Tom Kearney	Respond to of 57684

Gene - I saw an amazing thing today, apropos technology; a new first. I have posted a couple of times that I have seen some amazing changes regarding laptop computers and wireless lately. Where I work, in the last 6 months there has been a notable shift of more and more developers switching 1st to laptops from desktop computers, and then to wireless laptops. Primarily, what is happening is that many computer people have more and more stuff on their computers, so they've started switching to laptops because they are often away from their desks, in design meetings, meetings with end users, vendors, traveling, etc. Carrying a sheaf of memos around isn't enough anymore. In any of these meetings, they may have to pull down PowerPoint slides, or any of hundreds of e-mails, or switch to the intranet to get something, etc. As more and more people started showing up at meetings with laptops, now there's not enough network ports in the meeting room for everyone! Thus wireless. Now, today I attended an Oracle class at UCLA, and...not one, but 2 people drug in their DESKTOP PCs to class (out of a class of 40)! The classroom is already setup with one computer per person, with Internet connections and everything! But, apparently the need for using their own computer is so great, they resorted to this. Why don't they have laptops? I suppose because it's mostly young newbies in this class, who maybe can't quite justify the cost...yet. But I think this is the start of a new trend. I know that even with standardized software, it is a tremendous pain to use someone else's computer. You have to setup a new e-mail account in many cases; you lose your Internet bookmarks or have to import them from somewhere; you have to adjust to a different desktop style, etc. These are mostly early adopters I'm seeing. But, I can't imagine wireless Internet NOT being huge. Tom

To: 16yearcycle who wrote (1977)	10/8/2000 10:59:55 PM
From: Tom Kearney	Read Replies (1) \| Respond to of 57684

Gene - Congrats on getting your trailer! I often feel that living on the West coast is not the real world. I wonder how more of those folks can get more involved with the New Economy? I know in the training sessions I attend, and I attend a lot, it is always 33% to 67% attended by people born outside the US. This not a negative, but, I think there is opportunity that is not being seized by people who are closer to it. All the best, Tom

To: 16yearcycle who wrote (1977)	10/9/2000 4:30:43 AM
From: Dale Baker	Read Replies (1) \| Respond to of 57684

It would be really neat to have accurate figures on who in hell was getting wealthy besides the folks here on SI. Go to Dallas and drive from downtown out to the most distant ring of developed suburbs. Look first at all the major high tech companies lining Central Expressway. Then take a few exits and watch the incessant development of new strip malls and housing developments for the literally thousands of tech people that the new "communications corridor" is drawing in. In a mobile economy, the folks you saw will either move where the jobs are (as people have to Texas since I grew up there in the 60's and 70's), the jobs will come to them as manufacturers need labor pools and the "hot" areas are fully employed, or they will be left behind. Economic booms will always be uneven. Some people get $80,000 engineering jobs and others find a dozen new jobs at the local McDonalds. But there are lots of people doing well. The biggest wealth boom has not been in stocks, but in real estate. FWIW.

To: 16yearcycle who wrote (1977)	10/9/2000 10:15:53 AM
From: Tom Kearney	Read Replies (3) \| Respond to of 57684

Bought MOT this morning. Lots of bargains, wish I had more cash.

To: 16yearcycle who wrote (1977)	10/9/2000 4:07:06 PM
From: TheStockFairy	Read Replies (2) \| Respond to of 57684

Who, exactly is making all of this supposed money? I know that I'm doing a heck of a lot better than I was 3 years ago (which isn't saying much :) ), but most of the people I know have not made great personal strides in income either by investing or by means of wages. I know that dirtbag houses in the Chicago market are now going for the $250k+ range and 5 years ago I wouldn't have even considered looking at them for the shape they are in. Standard midrange housing is somewhere in the $350k range if you want to live an hour and a half from downtown. I know that more Walgreens are going up in my neighborhood than High tech start-ups. (How much do walgreen employees make?) I have watched as car loans have expanded into 72 and 84 months as commonplace. Who is making all of this money? Where do they live and how are they making it? What % of the population is receiving this money? Are most of the middle class now upper class?