To: Jon Koplik who wrote (22850 ) 4/2/2001 12:58:09 AM From: Maurice Winn Read Replies (1) | Respond to of 29986 George Gilder thinks QUALCOMM royalties are too high. He doesn't understand that the spectrum auctions proved QUALCOMM is grossly undercharging for spectrum. If anybody has paid for access to him or his email, would they please ask him to justify his wacky idea. Direct him here Message 15523893 I am getting tired. QUALCOMM has waded through waste-deep muck for well over a decade. I've been wading too. When the friends of Q! start coming up with crazy ideas, we are still a long way from nirvana. How can people year in, year out, make factually incorrect statements and add more idiocy every week? I am looking forwards to the big zoom in the Dow [and Nasdaq] this year as people realize that Alan Green$pan actually WANTS some wealth effect so that he doesn't have to lower interest rates too much to stimulate the global economy [which is what he has in his sights because the USA economy is strongly linked to the rest of the world]. A Dow at 16,000 [with a Nasdaq perhaps at 3,000] won't cause too much wealth effect because this time around, the owners will not go crazy ordering new houses, Gulfstreams, holidays in Ibiza, new Ferraris and throwing money around like they are the richest people the world has ever seen. People will be much more circumspect as the markets recover. People are so imbued with the idea that Alan Green$pan despises stock markets and wants to see shareholder pain that they are going to be blindsided, shocked and surprised when they learn he is not so simplistic and does NOT think stockmarkets are inherently irrationally exuberant. Mqurice Dow 16,000 Feb 2002. PS: Crude oil continues to trickle down in price. The New Paradigm is roaring on unabated. 3G is the beginning of the biggest thing in biological history, not just human history - those who say there's no 3G market would NOT have sold their shares in horseshoe manufacturers in 1910 to buy Ford shares. They would think flying is for the birds.