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To: Ramsey Su who wrote (11938)	7/1/1998 1:17:00 PM
From: bananawind	Respond to of 152472

Mexico... Looks like Iusacell added 275,000 cdma subs in the last 12 months. MEXICO CITY, July 1 /PRNewswire/ -- At the close of the first half of 1998, Grupo Iusacell expects to have more than 550,000 subscribers, close to an increase of 100% compared to the same period last year, said Fulvio Del Valle, President and General Director of Iusacell. During an event organized by Bell Atlantic in New York, on behalf of Tom Bartlett, CEO of Grupo Iusacell, Fulvio Del Valle highlighted to investment analysts that the Company was the first to launch the CDMA technology in Mexico. "In Iusacell we are proud to be expanding our business strategy in approximately six months by adding 15% more POPs to our current coverage of 70% of the population in Mexico with the two new PCS licenses in Regions 1 and 4", said Del Valle. "We are also very proud to be the only cellular company with the highest number of direct distribution channels and to have inaugurated almost 100 of our own stores (CSI) in the regions in which we currently operate," added Del Valle. During the event, and with Lawrence T. Babbio, Chairman of Grupo Iusacell and CEO of Bell Atlantic Wireless, Del Valle mentioned that Iusacell expects to report solid growth in both revenues and earnings in the second quarter to its investors, who have been trusting in the Company and have also trusted in its Mexican and U.S. executives. "I would like to congratulate Iusacell and its employees for the results obtained in the last year and recognize the important benefits of the operating changes made by Fulvio Del Valle during the twelve months in which he has been the President and General Director. This new business strategy has generated significant and very favorable changes for Grupo Iusacell", said Tom Bartlett, in an official message sent to the Company's employees at the end of the event. Grupo Iusacell is a leading independent telecommunications company in Mexico. It is the non-wireline cellular service provider in four of Mexico's nine regions in the central portion of Mexico (including Mexico City) covering a total of 66 million POPs - representing 70% of the country's total population. Since February 1997, the Company has been under the operating and management control of Bell Atlantic which, through certain subsidiaries owns 42% of the capital stock of Grupo Iusacell. SOURCE Grupo Iusacell /CONTACT: Lysette Bravo of Grupo Iusacell, 011-525-1095-759/

To: Ramsey Su who wrote (11938)	7/1/1998 6:26:00 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 152472

Ramsey, Gregg and other "New Paradigm Rulz OK!" doubters, check out: web.mit.edu which basically [hidden within all the tortuous tripe] says "Stuff the savers, print lots of money, diluting them to hell. Economies need inflation". He says: "The way to make monetary policy effective, then, is for the central bank to credibly promise to be irresponsible - to make a persuasive case that it will permit inflation to occur, thereby producing the negative real interest rates the economy needs". Now if savers don't understand that they are being sized up for a turkey- shoot, and thanksgiving dinner, I don't know what would persuade them. Your sea-shells means of exchange is a reasonable reaction, though I say stick with the actual physical entities which will benefit from the New Paradigm in which money will become not a store of value but a means of exchange. It's simply too hard to move sea-shells through the Web. But Mighty-Q! and SpinCo stock can transfer nanosecondly. The new money is 'stock ownership' in the New Paradigm. Krugman's stuff is the current conventional wisdom and Japan, USA and others believe the rot about a deflationary spiral and will print like hell. Of course it is very simple to avoid a deflationary spiral = you cut taxes and replace the spending needs with freshly minted money. Krugman says Japan has expanded its balance sheet 50% per year and still they are wading in the swamp. He does acknowledge the demographic change there = older people don't work as much, don't need as much and produce a lot less so it is understandable that Japan's economy is shrinking as part of the overall malaise due to mismanaged debts and dumb investment in speculative real estate and other ventures. With the USA having to match the Japanese and others printing of money to revitalize their economies, or see the currency disparities increase to create big trade imbalances and volatility of many markets, I reckon that Dow 16000 might be conservative in Feb 2002. But probably after a couple of years of wild printing, it will all settle down to a more straightforward rapid rate. People do have the idea that money is some solid measure like a metre or kilogram [flexible though those entities are in the quantum scheme of things] instead of the elastic band it really is. Overall Ramsey, you are right - we are heading for a 'sea-shell' backed currency, but the sea-shells will be stocks. Abandon money now folks - inflation is ripping you off even though consumer price indices trick you into thinking otherwise. Prices should be falling, not staying the same. NZ law and Fed intent is to keep money constant, which means, especially in the current financial shambles, that they'll be taxing money holders by diluting them. Buy Qualcomm now. Yeah, Amazing that YHOO etc are valued so highly. Efficient markets? Hahaahahaa!! Mqurice Dow 16000 Feb 2002 You saw that first here Ramsey [and Dow 8000 at Feb 1998 which seemed wild too 3 years ago]