Sprint and Motorola in Wireless Broadband Development Pact

Sprint and Motorola in Wireless Broadband Development Pact

Wireless broadband is on the way and soon! I like the analogies drawn between the car boom of the roaring 20's and the computer of the 1990's. The coming of wireless broad band is the equivalent of the building of the interstate highway system. Before interstate 95 was built it took a lot of hours to get from New York to Miami. This one road has had a dramatic effect on the economy of points all the way from New York to Miami.

Right now, many folks have no idea what they are missing. The pocket computer of the future will boost productivity tremendously.

Sprint has announced deals with Motorola and with INTC to develop broadband systems. INTC is also working with Nokia. Our family has long term holdings in MOT, NXTL and FON. We believe FON is positioned to gain market share.

Yesterday, I wrote about the municipal systems being installed via parking meters. Corpus Christi Texas is installing a system that will cover 147 square miles. Still, it is likely that the final system will require the use of a cell phone company for access. Citizens of towns where broadband is widely available are excited. The ability to check the internet from anywhere is changing their lives for the better.

BUY THE BULL! PRODUCTIVITY IS EQUAL TO THE CREATION OF WEALTH! WE ARE LIVING THROUGH DECADES OF VERY HIGH PRODUCTIVITY GROWTH! CONSUMERS AND BUSINESSES WHO TAKE ADVANTAGE OF NEW TECHNOLOGIES ARE BENEFITING THROUGH HIGHER PROFIT MARGINS AND LOW INFLATION RATES!