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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (39125)	7/17/2001 2:27:37 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

final comment on technology and recovery we have a clear trend in technology generally prices continue to come down on network switches, on PC's, on cellphone service, on laptop PC's (for sure), on storage devices, on fiberoptic line, on test equipment, on jet engines labor costs continue to rise for skilled professionals, and worker health plans for overhead such as heat/ventilation/airconditioning (HVAC) so two forces work together to continue the MAJOR TREND OF 1990's TECHNOLOGY SLOWLY DISPLACING HUMAN LABOR we saw gains from gas station MCard payment from automated customer service on telephone from remote PC connection from internet based commerce from internet based B2B supply chains from automatic car rental checkouts from ticketless airline ticket from banking ATM machines dispensing cash just imagine what the next decade will bring !?!?! technology aint dead just gonna be harder to find ways to reap huge benefits benefits will be there for the ambitious, the insightful, the risktakers the low-lying fruit is gone next up is gathering the fruit 10-15 feet off the ground try to imagine using your television to purchase goods more interactive TV to access information as much as the internet paying for sodas and snacks with cellphones being informed of sale items by your PDA telephone conversations almost free around the world tankfull of hydrogen for $5, flipping bird to OPEC I still see a recovery coming, just not as fast as the spoiled brat brainless numbnuts who act more like pavlov dogs than investors, those who do zero research on economics, never bother with the foreign economy pages covering currency and exports, and spend more time in the sports section than reading about the industries they invest in still saving, building my cash as long as I can put away my mighty $29 per week I will be fine and can retire after another 86 years Mama, pass me the sweet potatoes / Jim