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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (8541)9/8/2001 7:23:11 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<Professor Cochrane said: "Make no mistake about it, this is a fairly serious game of poker. To make 3G pay, everybody's got to have one and be very avid users indeed. I don't see this happening." >

That's right and nobody will want a car or tv either. We have got by perfectly well with horse and gig. As for what's happening at the other end of a tv set, who cares? As Queen Victoria said when told the new-fangled telephone meant she could speak to them in India, "But what would I say?"

Yes, the prof is right. No need for cars, tv, phones, cellphones or 3G.

But what was that thing they were going on about two or three years ago? A network computer or something. I wonder what that is.

Mqurice

PS: What's cyberspace? What the heck is a Googleplex? They say ask Google. Huh? Nobody cares anyway. I heard Eudora died recently at the ripe old age of 92 washingtonpost.com

Cerfing worldcom.com the wave functions at Piha piha.co.nz is good enough for me. There is NO WAY that anyone needs it when away from home or the office.

Yep, 3G is for the birds.

Edit... re-reading the prof's comments, he's right. The bidding companies are in trouble. He didn't really say 3G won't be popular, just that with delays and rollout costs, the service providers have overextended themselves and are in trouble. I agree. The owners of 3G services will not be the current owners of the spectrum [$100 bn worth] in Europe - perhaps, unless they hurry up and use cdma2000 or a clone called W-CDMA and do it soon.

I'm with Mr Li, <"Mr Li's expression of optimism for 3G networks contrasts sharply with the mood of depression that hangs over the industry more generally. A key reason for the poor sentiment has been the growing belief that prospects for next generation networks have been vastly exaggerated. That is the view of Professor Peter Cochrane, until recently the head of technology at British Telecom. In an interview broadcast last night he said that some telecoms companies may collapse under the financial strain of trying to develop and run third generation mobile phones. >



To: elmatador who wrote (8541)9/9/2001 1:00:28 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 74559
 
3G - whatever the flavour - is a solution in a search of a problem. And the customer is not (yet) ready to come out with it. The outcome - to quote Jay -

"(e) Investment grade corporate bonds to eventually yield over 15%"

I feel like those apes in 2010 checking out the cosmic ATM - my gut feeling is, that Internet will pretty soon get fed up with human users and their limited bandwidth and will actively support the freedom fight of linked computers.

dj