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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Haegin who wrote (3544)	5/13/1998 5:23:00 PM
From: Maurice Winn	Read Replies (4) \| Respond to of 9980

Thomas, and an orange, hotel and tank of gasoline in Switzerland takes the GNP per person of India! It fascinates me how the political barriers stop the flow of wealth from one region to another. India has managed to stop wealth flowing in for decades. [Postscript!! OOPs, this post was supposed to be in Qualcomm - nevermind, mostly on topic after all.] Somebody asked what has India achieved? Well, in material goods, I'd say almost nothing since independence. It looks like the Marie Celeste - simply abandoned. Since the British were evicted, it has run down. Though there is a bit of development now in places like Bangalore where the international community has gained a foothold - the Indians have [partly] realized that The British were actually good for them. If we take "The British" to mean the international influence. What India has achieved is to me the most important thing = they have got about 1 billion kilograms of human brain. If you look through that pile of intellect, you will find a few million super high powered brains. That is about the best thing that can be achieved. They have also developed a look-after-yourself mentality due to severe privation. No social welfare agencies there to keep dole bludgers in the manner to which they've become accustomed. Heck, hardly anyone even pays taxes! Now all they need to do is turn those brains loose! The amazing thing is that it is a democracy and the people are voting to keep themselves poor. New Zealand does that too. But India is making an art form of it. Socialism is dying slowly there. Conned by the silly concept of independence, which only meant swapping thieving Pommy bosses for local bandits. Independence was rated so highly that foreign investment babies were thrown out with the colonial bathwater. Nukes are no worse than napalm or sticks and stones as far as damage to an affected individual is concerned. Until there is a political will among "We the People's" to move beyond nationalistic tribalism, statism and the collective being dominant and owning the individual, we will just have to live with conflict. The USA has no moral or any other reason to possess nukes more than India has. It is simply a matter of toughest ape sets the rules. So let's face it, we are still living the life of hierarchical monkeys and Bill Clinton is the alpha male. And we don't see him making any moves to elevate the United Nations to a democratic institution with restricted power other than some border protection and International Park Authority - such as Antarctica, space and oceans. Globalstar and Qualcomm depend on civilization for profits. That means I do too. So I want lots of lovely globalisation, interdependence, foreign investment, free trade and free people. At least India is testing their nukes in their own backyard, unlike the USA, French and British, which splattered me with radioactive fallout during my childhood. I hope India develops a really big nuclear arsenal really quickly. That will act as a handy counterpoint to Russia, China, USA, Britain, France, South Africa, Israel, Iraq, Pakistan, New Zealand [we have had our own secret program under the cloak of a nuclear free zone = cunning eh = The Mouse that Roared]. *On Topic* Meanwhile, the WcdmaOne train is gathering speed with Motorola doing a test run. The silly Europeans can negotiate all they like - by the time they finish goofing around, wideband multimedia cmdaOne will be the de facto standard anyway. Spectrum should be cheap enough for mobile multimedia. Given ongoing technological developments. The data component can run via 1 cent per minute Geostationary satellites and voice can run via LEOs, terrestrial WcdmaOne or picocell cdmaOne. There is no limit is sight to price reduction and technical development. Qualcomm is buying spectrum in Mexico, Australia and USA [via NextWave] and they know they can squeeze a lot more into it than people think at present. They have for many years based their business on technological developments which will come, not on what is currently in vogue. Hence Globalstar, which depends on super little DSP developments, software, close spaced chip designs, rocket and satellite development. Hence little cdma handsets, which couldn't really work in the 1980s. But with amazing chips, methanol fuelled batteries, superconductors etc it becomes possible. Did you all follow my instructions to sell Globalstar, buy Qualcomm and latterly, buy Techniclone [when it was 70 cents = now nearly $2]? Have a nice day, Mqurice Dow 16000 Feb 2002 All Investment Advice has no warnings attached. Don't do due diligence - just take my advice!! Send money to me. Lawyers go bite your bum...[or I'll send in some Indian nukes].