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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (201352)	9/16/2023 9:50:33 PM
From: Maurice Winn	1 Recommendation Recommended By 3bar Respond to of 217573

Like all companies, they exceed their use-by date. Some, like Barings, can last for centuries before a deficit in VVVs takes them down, or like Zenbu, a product life cycle can come and go really fast in a decade. Even optical fibre is fizzling. 1987 saw me quivering in excitement when I found my Antwerp neighbour's friend had a business making optical fibre and he, Karl Michel, was a solid state physicist making all that nano stuff work. A month ago I cancelled our fibre connection to our house. A year ago a free installation to our Tauranga holiday house of optical fibre was provided but I haven't bothered with it. It's sitting wired up in our living room waiting for me to agree to pay about $60 a month which I'm not doing since my cellphone has gigabytes of capacity and the wireless modem provides another 350 gigabytes per month for $30 [albeit not so fast or reliably but that's trivial and I'm not sure it is slower or less reliable. CenturyLink is an optical fibre and other stuff company, now called Lumen, with a woke woman appointed a year ago. It was once about $100 billion market cap. Now $1 billion. From zero to hero and back again has been about 30 years.. Ken Peterson bought a $billion in transatlantic fibre for about $15 million including a huge building with much wiring and servers and what have you in Dublin. So it might well be that Qualcomm with expiring patents and a world moving on has seen the glory days, never to return, and gold would be a much better investment from now on. But I had a glorious third of a century with Qualcomm and would not have missed it for the world, which it now is. 20 years ago [or more = I forget] I asserted that people would rather lose their left arm than go without mobile Cyberspace permanently. I have now upgraded that assertion to about a quarter of people would rather be dead than go without mobile Cyberspace permanently. That proportion seems likely to increase with rapid integration of people's brains with their devices and the aethereal world of Cyberspace. I'm currently lurking in Melbourne. Nearly everyone is immersed in their devices nearly constantly. Right now in this house, 4 of five people are enmeshed - one is in a shower. Soon, the people in the shower will also be immersed in Cyberspace and water because hearing aids are now waterproof. I bought a Phonak hearing aid a month ago, but it's not waterproof though some models are. On the train here, 95% of people are immersed/enmeshed. Those not are getting on or off or momentarily distracted. And the devices are not yet build in with 3D retina scanner glasses. 25 years ago I went to see the Phonak managing director in NZ to see if they would work with QUALCOMM to produce Earcell [tm] to enable hands-free communication with hearing protection in noisy factories and anywhere. The Phonak hearing aids I've got are getting there, but they don't have 3D retina scan for visual input. They do bluetooth to my Cyberphone to anywhere. Since I first thought of CDMA in 1989, gold bars have just sat there. Meanwhile, CDMA went from an idea in a few people's minds to reality and on to OFDM and on to everything else. Just Apple with 20% market share is $3 trillion with cash flow to match. If we'd all just bought gold, Exxon would still be the biggest company on Earth. Now it's an afterthought. And the fun has just begun. It, aka AIi, is now emerging in mobile Cyberspace as planned long ago. Gold is so last century. Bitcoin is past its use-by date [nearly]. Mqurice