Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

3:59 PM EST

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To: Stock Farmer who wrote (103646)	9/3/2001 11:20:29 PM
From: arun gera	Read Replies (1) of 152472

>>I don't know of many successful commodity businesses that have obscenely profitable intermediaries in the value chain. I don't know of many commodity business that have anyone obscenely profitable anywhere in the value chain. Not for long. >> How about chip making is a commodity business but AMAT, an equipment provider for the chip makers still has good profit margins? Don't the "arms dealers" win in every war? Airlines may be commodity business, but making jet engines can be pretty profitable for GE and United Technologies. You say that companies use Microsoft because end-users ask for Microsoft. But did the end-users ask for Cisco routers? How did Cisco become successful? Arun

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