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To: TobagoJack who wrote (19711)	6/13/2002 6:19:16 AM
From: Maurice Winn	Respond to of 74559

Jay, gee, speak of the devil: <increased penetration of cellphones and information technology in general into the Indian market had also taken a bite out of gold demand.> CDMA vs Aztecs and CDMA is doing okay [albeit India is all GSM at present - more or less]. I think he meant that spending is going on cellphones instead of gold, not that investments are going on telecommunications mutual funds instead of gold. But either way, the point is that gold just stupidly sits there whereas CDMA is alive with enchanting music. Wayne Murdy seems overly confident. Mq