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


To: elmatador who wrote (26551)12/27/2002 3:58:46 AM
From: Maurice Winn  Respond to of 74559
 
<This thing is for me only the way to take my share of the money bag as it moves around the world.>

You are doing so much more than getting your share of the money bag, even if, like a sheep in a paddock, all you see is the grass to eat. You are creating something amazing. Each node you build is perhaps as modest as just another neuron in an already multitudinous horde of them, but it's the synergy and effect of all together, in unison, which is what will be a very, very big deal.

I hope whatever it is we are building is not what Ted Kaczynski thought it is [something like a liver-eating vulture]. I guess not.

Re the Europeans and the $100 billion, we should always remember that it was the managers of the companies who chose to bid such huge amounts. The governments did NOT dry the telecom sector. The managers paid too much for something. New shareholders can buy the devalued assets for a song and continue to develop 3G cyberspace as planned.

Mqurice



To: elmatador who wrote (26551)12/27/2002 3:02:56 PM
From: smolejv@gmx.net  Respond to of 74559
 
>>The European deserve to be losing since they allowed governments to dry the telecom sector to tune of Euro100bi. <<

That's just a part of the bigger picture. Europe got suckered in big time by investing in US (where getting connected to New economy meant just a local call): Daimler paying 39B$ for Chrysler. Telekom plunking down 51$B for Voicestream. Deutsche Bank paying X Billions for Banker's trust, French banks, UBS, oh my, the list is long...

But, thanks to productivity growth, this is just bad dreams I guess.