Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (69710)	6/20/2008 5:44:33 PM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

>>i fear the worst<< Feels like something BAD is going to happen.

To: TobagoJack who wrote (69710)	6/21/2008 10:39:35 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 74559

tj, in financial relativity theory, one of the accelerants is debt. GE is based on debt. That's how they got so big so fast. Qualcomm is based on making things that people want to buy, everywhere. In depressions, people give up buying luxuries, but they keep on buying essentials, such as cyberphones, booze and baccy. They'll give up booze and baccy before they'll give up their electronic na-na upgrade cycle. They need a fix and they need it now. You are of course right that when a currency reaches the event horizon of a black hole, any form of paper is subject to the force of financial gravity, but some things are outside the event horizon and while being warped by financial space-time, they remain intact. You don't bother with details, so are probably unaware that not only does QCOM not have debt, but we have a big pile of cash [some $10bn which is real money in most languages]. GE on the other hand has hairy legs, covered by debt. When the debt is dissolved when the deluge comes, all will be revealed. GE sells things which people don't need, which they buy using debt, and GE produces it using capital borrowed from the careful, frugal, rainy day creditors with Virtuous Victoria Values. Mqurice

To: TobagoJack who wrote (69710)	6/21/2008 12:02:01 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

While in China, you could buy one of their swanky new TD-SCDMA cyberphones... giggle... eetimes.com What is it with China? It looks as though they'll just have to keep working for not much money as their competitive attribute. They could have ruled the world with 450MHz OFDM/CDMA but are pursuing their ridiculous TD-SCDMA which they can't make successful even while stealing Qualcomm's intellectual property. But on the other hand, a lot of it has apparently been built: pacificepoch.com Something is true, or not true - in China, "not true" is the better bet. I feel sorry for those forced to "invest" in TD-SCDMA. Mqurice