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

To: Raymond Duray who wrote (65140)	6/17/2005 2:05:15 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Ray, I'm only interested in real wealth,<We understand you have a talent for the artificial creation of wealth. :)> not zero-sum trading games, which often involve criminal malfeasance [with me likely on the victimized side of the trade]. Which is not to say I'm averse to buying sheep and selling deer. That's part of my plans, but only part. Betting on the bottom and top of markets is supposedly very tricky, though I seem to have done okay at it over the decades. The most enjoyable wealth is that being created in imagination, before there's anything. Once it's up and running, somehow it becomes prosaic, banal and boring. Sure, I enjoy the enormous QUALCOMM dividends [compared with my original buy price though the current P:E is fairly high], and it's nice to see the worldwide success of CDMA and everyone heading for CDMA-powered cyberphones. But it's not as exciting as the conceptualization and the hunt. Globalstar was once an exciting dream. Now it's just another bunch of satellites and phone system. My brand new all singing and dancing cybercurrency complete with bells and whistles is really exciting too. But as soon as it succeeds, it'll be just another way of swapping value, albeit better in all respects [for most people though the vested interests could start foaming at the mouth and calling for assassinations, bans and stuff - if I go missing you will know why]. Mqurice