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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (352)	3/19/1999 1:06:00 AM
From: Maurice Winn	Respond to of 381

Nearly another 5 months so time to check the past. Here comes autumn on schedule. Summer was great. The Dow has touched and hovers at 10,000. Already 1999 has not cruised by uneventfully and happily. The last post sounded for an aunt and uncle and many many more people. One a couple of days before 1999, the other a few days later. Iridium has been eventful too. Peter Hillary and co failed to return from the South Pole on foot, having to catch a scheduled flight out so like Iridium, the Iridium Ice Trek was a bit of a failure. Yes, a thread has reached 100,000 but I can't recall which one. The international financial markets seem pretty steady and the Big Dipper tricks of 1998 seem to be well in the past. Of course they will come back, maybe tomorrow morning, to give everyone another big, maybe bigger, scare. Then again, so many people know, like my old pal Ramsey, that things are way too high, that they are keeping some cold cash at the ready for some bargain buys. There is so much money hanging around wondering what to do that prices can't actually fall. Money continues to be printed and the relativity theory of the inflationary money measuring stick combined with The New Paradigm will zoom the markets up. 6 billion humans increasingly using their minds instead of their muscles or simple mental functions like typing something somebody else has handwritten and increasingly occupied in co-operative productivity in mutually beneficial efforts instead of hierarchically based dominance gangs trying to confiscate production and assets from other people will make previous developments look trivial and stone age. The grand socialist and statist experiments of the 20th century are near an end - well at least they are waning. So inflation remains zilch while shares roar up in price and 6 billion people get a better life. More or less! Some won't think things are good at all, at least in large chunks of their lives. But overall they will be. The internet is getting old. It's been almost 3 years since I joined Silicon Investor. The bad old days of expensive, restricted Compuserve internet service are well gone. Good riddance. Though it was good for me at the time. Oil is bouncing around in price with Saudi Arabia the key, hoping still to restrict production to boost their revenues rather than do the obvious and open the taps which will give them a big market share and increased revenue and profit. CU rater, Maurice