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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: alanrs who wrote (122689)	8/2/2002 5:04:56 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

ARS, I was explaining that the people who produced the steel made out like bandits. The expression Robber Barons entered the lexicon at the time. Thanks to the miracles of QUALCOMM, Google and cyberspace, you can read about it on your cdma2000 device here: <The Gilded Age was also the age of steel. Needed first for the vast extension of the country's railroad network, steel was the pillar of the U.S. industrialization during the second part of the 19th century. Technically the steel industry was based on the introduction of the Bessemer process. The champions of Bessemer steel were Andrew Carnegie and his handpicked team of partners and managers, including Henry Phipps, Alexander Holley, Captain Bill Jones, and later Charles Schwab and William Corey. One of the main Carnegie partners was Henry Clay Frick, who also dominated the coke industry at Connellsville, Pennsylvania. Steel was one of the most capital intensive industries and only the strongest companies could support the necessary continuous modernization and extension of the plants. A profitable business and essential component of the industrial revolution, steel soon became the coveted turf of some of the major corporate consolidators. John Warne Gates built the American Steel & Wire Company, grouping most of the country's wire mills under one umbrella. He also participated with Jay C. Morse in the consolidation of three major Chicago plants into Illinois Steel. J. Pierpont Morgan hired Judge Elbert Henry Gary to manage his Federal Steel Company and the Moore brothers from Chicago created several steel product trusts. Both the Moores and J.D. Rockefeller made attempts to takeover Carnegie Steel toward the end of the 1890's, working through Henry Clay Frick. But is was Morgan, who finally clinched the deal with Carnegie and managed to organize the giant United States Steel corporation in 1901. With a capitalization of 1.4 billion dollars, U.S. Steel was apotheosis of the trust movement. Within a few years, the giant group took over Gates' wire trust, Rockefeller's Mesabi iron properties and the Mellon's Union Sharon Steel company. Charles Schwab was made the first president of U. S. Steel, but he resigned after just three years, took over Bethlehem Steel and built it into a major rival. > google.co.nz Irwin Jacobs is the digital age analogue of Andrew Carnegie. carnegie.org The idea that QUALCOMM is in trouble too, because the railway operators are losing their shirts, makes as much sense as to send Andrew Carnegie food parcels. The Gospel of Wealth, here: fordham.edu If people don't understand how amazing the cyberspace revolution is, they are sleep walking through the greatest event in biological history. QUALCOMM is delivering cyberspace wirelessly through 3D space. It's the end of biological history - well, the bios will continue to eat each other, be randomly mutated and lose their telomeres, but a new life form is under construction. It already has a memory of amazing proportions, accuracy and recall rate, Google.com. Graviton.com is spreading the tentacles to all crannies of 3D to measure realtime events. QUALCOMM is developing the brains for the periphery to enable wireless links between nodes. Fibre is flashing signals everywhere. It's amazing! Mqurice