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

To: TobagoJack who wrote (21994)	8/4/2002 7:32:52 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 74559

* Au versus Au. Gold versus CDMA * Jay, there's great excitement in Hobbitland today. Telecom is now selling their 1xRTT services. That's the high-speed cyberspace wireless links via cdma2000. I suppose there will be crowds in the streets, all calling for cdma2000. Look at this: telecom.co.nz and more details here: telecom.co.nz You plug it into your notebook computer and have 80 Kilobits per second [average - maximum 150 or so] cyberspace wherever Telecom's cdma2000 network is available [which is nearly everywhere people are]. Notice how it's the size and shape [almost] as a 10 ounce bar of gold. However, gold just sits there. This little baby sends secret signals via phragmented photons out of that little aerial sticking up. They connect to It which directs the signals to wherever you want. You can also get information sent to you from all over cyberspace. Now, if you add up the hours you spend clicking around here in SI, and how many hours you spend fondling your gold bars, which gives you greater value and enjoyment? Notice how gold has a kind of cold, meaningless aspect to it. A heartless object, sitting there dead. On the other hand, with your notebook, you'll be running hot any time you like, hooked up to billions of people, computers and sensors around the planet and off the planet too: oposite.stsci.edu There was even a QUALCOMM advertisement in The New Zealand Herald today. It's the first ever. There's also a full page Telecom advertisement, announcing the start of service. How exciting! There haven't been any advertisements from Johnson Matthey or anyone else for that matter, advertising gold bars. I think Telecom will sell a LOT more CDMA Jetstream bars than there is gold sold. The cyberspace revolution continues. However, they are charging extorquerationate prices per megabyte, so I suspect the crowds in the street, calling for cdma2000, will thin rapidly when they see how much money the greedy Telecom people want. Prices will come down as they roll it out and they seek to maximize revenue. Mqurice