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Re: TREND1 post# 98854

Sunday, 10/23/2005 5:40:48 PM

Sunday, October 23, 2005 5:40:48 PM

Post# of 249244
Later in the day reply....

When advocating a new cutting edge technology or a substandial change in normal operations, companies or persons can always be labeled a scam and a scam artist just because the development doesn't follow the complainers calendar.

Technology takes time. It does not germinate overnight. Many persons think into the future and when they try to bring their ideas to a development, they often are called scammers. True scammers are persons who know before hand what they are trying to do will not work. Entrepuers have an idea and they think and hope it will work.

Jules Verne wrote "20,000 Leagues Under the Sea". he used an atomic submarine. At the time submarines were just being develped--not even powered ones. Would he have been a scammer if he had tried to raise money and build one?

Many years ago a wildcat driller raised money to drill an oil well into some deep sands. After drilling for several years and reaching a depth of almost 20,000 feet, he was accused of being a scammer and arrested for swindling people with a useless oilwell. I believe he spent a few years in jail. Some years later, oil was discovered in the area at a depth below 20,000 feet. Was he a scammer or just ahead of his time. Drilling below 20,000 feet is common today.

Is Wave a scammer for developing a product to solve a problem that did not exist 20 years ago? They recognized the potential for computers. They have built a product for which there is an increasing demand. Are they sammers? Maybe in year 1988 technology, but in year 2005, they are the leaders in cutting edge technology.

Just my thoughts.

1260






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