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To: Maurice Winn who wrote (21577)	7/23/2002 6:09:11 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Maurice, About the CDMA handset sales, at USD 40 and below, I remind you that plenty of rice gets sold in China but hardly anyone, least of all rice growers, get rich on the commodity or the activity. Yes, I am saying the sacrilegiously unforgivable phrase, ‘CDMA=commodity’, and will be supplemented by any number of other goodies doing the same thing. Gold, OTOH, was, is and will always be forever, and changes phase at these price points: < USD 250 = commodity, used for jewelry making > USD 300 = currency, used for hedge against whatever > USD 360 = trigger, to phase-change notional derivative positions to real 3-D obligations > USD 400 = alarm, for worldwide panic > USD 500 = treasure, more desired than ever > USD 600 = opening bell, for J6P to engage in hard buy > USD 1,200 = philosophy, for Jay to think about selling > USD 1,600 = unbelievable, time to sell, just a little, then a bit more Chugs, Jay