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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (64387)12/16/2000 11:06:43 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Yen causes concern as Euro storms higher

thescotsman.co.uk

Japan revised GDP to negative, and probably will be negative next quarter till the next government infusion in the 2nd quarter. That seems the pattern the last several years. First two quarters are government debt-induced 'growth'

Does uncertainty in Asia signal end of PC dominance?

ebnews.com



To: marginmike who wrote (64387)12/16/2000 12:16:12 PM
From: Andrew G.  Respond to of 99985
 
Marginmike & everyone: 3G is a long way off. Here's why:

fool.com
RULE MAKER PORTFOLIO :3G Wireless Future Is Long Way Off

fool.com
Threats to Third Generation Wireless

Also read the article below to get a sense of just how huge the upfront costs are to bid in the 3G wireless spectrum auctions. Just more debt for the Telcos to pile on:

Tuesday October 17, 2000 12:56 pm Eastern Time
Forbes.com Wireless Future Tangled In Red Tape
By Amy Doan

Clinton has told federal government agencies and the private sector to work together to determine by July 2001 which chunks of the radio spectrum can be offered to 3G systems in a September 2002 auction. He said in a statement that ``time is of the essence'' because if the country does not move quickly, it ``could lose market share in the industries of the 21st century.''

I don't think that the Japanese or any other country has the upper hand when a leading market like the US is nowhere near readiness for deployment into 3G. We shall see.
'hope this is not another case of trying to grow too fast for one's britches ala dot.coms.