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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (15757)	6/1/1998 11:00:00 AM
From: W.F.Rakecky	Read Replies (2) \| Respond to of 22053

Any words of wisdom?

To: Scrapps who wrote (15757)	6/1/1998 11:13:00 AM
From: Moonray	Respond to of 22053

Global Business Chairman Sees Technology-Driven 'Long Boom' Emeryville, California, June 1 (Bloomberg) -- Peter Schwartz, chairman of Emeryville, California-based Global Business Network, a research and consulting firm, said the world is in the midst of a ''Long Boom,'' an extended period of economic growth fueled by technological change and free-market economics, the New York Times reported. The futurist predicts that by about 2005, a telecommunications revolution will make high-speed Internet, telephone and video access available to everyone, that by 2010 breakthroughs in biotechnology and gene therapy may allow medicine to reverse aging, and by 2020 internal combustion engines will be replaced by cars with fuel cells. While Schwartz is often a prescient commentator, some of his past predictions have been off, for example, as in 1981, when he assumed that oil prices would reach $85 a barrel, the paper said. The average price of crude oil in the past year, starting June 2, 1997, was $19.12 a barrel. NO WONDER so many tech stocks and 3COM are so low in this market, they have become investment and value grade stocks rather than speculative. o~~~ O