To: JMD who wrote (11053 ) 6/2/1998 4:52:00 PM From: Maurice Winn Read Replies (1) | Respond to of 152472
Hang on! Who was writing right here in this thread that Microsoft was going to be in trouble from Qualcomm and Janet Reno would be obliging Qualcomm to include Microsoft stuff on Anita-TM? To save you thinking, yes, me! Maybe you jokers think I'm kidding with the things I say. Or maybe NIH. Or what would a sheep farmer know anyway? Gilder is obviously now into plagiarism! "Speakers at a telecommunications conference here Wednesday said the monopolies of Microsoft and the Baby Bells are being destroyed by the rise of wireless data and other new technologies; they said San Diego can only benefit. In effusive remarks about San Diego's largest private employer, Qualcomm Inc., George Gilder, a prominent technology observer and social critic, depicted a new century dominated by wireless technology from Qualcomm Inc. of San Diego." Okay, so I'm into breaching copyright! But he didn't send a cheque. Microsoft never had a monopoly. Anyway, as George himself says, all business is seeking transient monopolies and the longer and stronger the monopoly the better the profit. Without a monopoly, you get 5% on your money. Anything over that represents monopoly profits. Pretty simple really. Gregg, take the bull by the horns and with the capital Capital Management has, buy Qualcomm Inc at $50! Forget the nonsense about portfolios, spreading risk and all that stuff. When you walk, you do it on two legs. No spares, redundancy etc. It takes a bit to learn how, during which time you keep a low centre of gravity, hands ready to catch the fall, malleable bones etc, but once you know how, it's time to line up on the track and RACE! You have obviously figured out a lot, understand a lot and can predict a lot of what Qualcomm will do. If Qualcomm represents the biggest gap between internal reality and external perception you've seen, then be the arbitrage man and take the profits you deserve. Don't just persuade others to take the benefit of your thousands of hours of effort. Take as much of the reward as you can wrap yourself around. Sell Yahoo! Microsoft, IBM, Lucent, Nokia, Ericsson, GEC, General Motors, Coca Cola, and pile it into Qualcomm. Quietly. Spread risk is for people who don't know what they are doing. Your clientele are obviously mostly intelligent people who got their money the hard way. They know it isn't done with a quick ramp up and down a Netscape, Yahoo! or Iomegan, hysteresis loop. Hysteresis loops absorb a lot of energy. You want straightforward exponential curves to infinity. Thanks for the SheepTracs suggestion Caxton AND Harvey! But you are not joking. Australian and Kiwi and no doubt USA and Argentinian ranchers spend expensive helicopter time hunting down stock in ravines and all over the place. Whales could be tracked with Globalstar. Even people! Pierre lives in San Diego! Pierre, you could get an implant by the folks at Qualcomm and then be tracked wherever you are. Imagine - you would never be lost. The CIA would be able to look after your interests completely. No more terrorism as they could watch silly McVeigh running for it. Heck, the computers could follow a visit to a fertilizer shop, then a truck rental place, then a diesel place, link the personal profile, do a few algorithms and dispatch a pilotless GPS guided nanoplane to sort the problem out. As Jim said, as the costs come down, the applications multiply. cdmaOne is going to be very big. Very, very big! What about the Sprint announcement. New paradigms! Wow, coming thick and fast. Capstone reported today to be going well with oil field trials for their little turbine motor/generators. Watch THAT space. Closely. Mqurice [over the limit again, oh dear]