I had hoped to make this a daily occurrence; a catharsis of sorts. I have not been as diligent as I planned to be, however.

In order to eliminate availability of a PC in every room of the house as an excuse, I am trying an experiment with this edition. I am writing this on my Pocket PC in Pocket Word. I will e-mail the final result to myself, and then copy the text into the site tomorrow. Eventually, I will buy an 802.11 card for the Pocket PC so that I can complete the entire process from the Pocket PC from start to finish.

The NASDAQ average is down again today. It is about where it was 5 years ago. At one point during its run-up that ended above 5,000, "investors" jumped from one "New Economy" trend to another. The Dot Coms--any Dot Com. Then Palm. Then phone software. Then cellular networks and telecommunications infrastructure. Then Linux. Then optical networking. Then the bottom fell out.

Ironically, the explosion of demand for 802.11-based wireless networks in recent years has not seen a run-up in associated stocks. The momentum players are played out; the battered individual investor no longer trusts an analyst's recommendation.

Still, we will see. Microsoft embraced wireless LAN technology in Windows XP. As component prices drop and security is strengthened, more and more networks will go in--at home and at work. People will buy cheap, heavy laptops that can be put away & out of sight at home, yet brought out to connect through broadband anywhere they are needed.

Tech stocks, anyone?