Ah, yeah right. Chuckster, have you done any travel
outside the US. Some of the places I have lived and
work are Cameroon, Mauritania, India, Vietnam, Yemen,
Nigeria, Colombia, Venezuela, Italy, Germany, etc. I'm
also a communication consultant, held in some circles,
with some high regard. Omnitracs is a piece of QCOM
increasing puzzle. If this was their only product you would
absolutely be right.
However, with the worlds inadequate communication
infrastucture, wireless is the vessel to provide this needed
services. Wireline, or what you are accustomed to two wires,
is far to expensive to implement and maintain. QCOM future
earnings are going to come from upgrades of the US &
worldwide cellular infrastructure, PCS deployment in the
industrialized nations, and high tier third world deployment
of wireless local loop. Trucking business is and will be
a smaller and shrinking piece of QCOM total fabric. I'd
get rid of your leap put, after a pullback and instead go for
a leap call.
As for stock holder lawsuits, hey everyone are you
dissatisfied with the stocks performance. I've own
it since it was in the 20's. I've sold on some big runups
and bought back in on pullbacks; keenly aware of the
timetables of deployment of the wireless revolution.
I've made far more money than I'll lose. It's only a
loss if you sell it. Today I unload my Feb 45 and 50
calls, for a nice profit. I'll wait and see about the stock.
However, the stock is in the early stage of some
spectacular growth due to wireless operations.
I am not a person who believes in frivolous lawsuits.
This country really needs to institute the British system
of civil law; if you lose you pay the cost for the one you
brought the suit against. All investments are at risk.
Ever been through a crash, I have. |
