To: Zeev Hed who wrote (81468 ) 8/22/2001 2:21:11 PM From: Crystal ball Read Replies (2) | Respond to Palm devices at about $300 ave, times 1 million units, that's less than 5% of the US total market for handhelds, is $300,000 per year. Multiply the fact that the 3rd world is not WIRED, not CABLED, the 2nd and 3rd and 4th worlds will be and for the most part are WIRELESS because it would take a hundred years to laydown telephone lines and electric grids but will only take about 5 years to layout wireless radio towers and village generators etc., and you have not just a population multiplier of 3 for India or 6 for China, but in actuallity 4 times the population impact on the buildout numbers going forward. How many 4xthe US markets are there, over 25, times 4, is 100 times the $300 million number, that means the market ANNUALLY for handhelds worldwide will be over $30 Billion. You can beleive it or not, but that is the way the REAL WORLD works, not the little American suburbs of number crunching downsizing lazy mddle class corporate frat rats who to this day do not understand HOW OR WHY Bill Gates and Larry Ellison MADE AND ARE MAKING SO MUCH MONEY.....REALISM....see the global world for what it is and then you can see what it will become....there was and is a LOT OF SMART MONEY IN PALM, and in NTAP...and in many other high tech companies. The world does not revolve totally around OIL and CARS like those Beach Boy or 1950's IBMmer America.....The World War 1 and WW2 generation saw the real OUTER WORLD, their bratty kids, the old timers now running this place, ruining this place, LOST AMERICA's PREDOMINATE PLACE in the world, why.....?......because they lost the REAL VISION of the SIZE AND SCOPE AND PLACE OF THE REST OF THE WORLD.....SCALE....your numbers do not SCALE....all start ups are smaller and then GROW. PALM too will GROW. $67 will be cheap in a year or 2. As for Greenspan, he did lose real money, LIQUIDITY and MARKET VALUE is real money, in that, it is real VALUE. Companies boroow on that, they do M&A on that, and that $10 Trillion Dollars of Liquidity was destroyed by Greenspan, it was not mere paper, it was not mere air. It was REAL. Yesterday's Fed drop in rates 25 basis points is still no enough, its positive carry, but it still is not OPEN CARRY. We will get there, sooner without the likes of idiots like Greenspan or his blind awstruck fans, but even with AG we will get there....this market will recover FULLY 100%....not IF (absent a nuclear war) but only a question of WHEN.....the same for solid companies like PALM and NTAP reaching their 52 week highs, not IF but WHEN AGAIN.
