Gary,
Bloomberg reported on Irwin Jacob's New York talk. Qualcomm will increase spending on r and d by 50 percent in fiscal 1996 to about $120 million. 80 percent of the money will be devoted to CDMA technology. The $120 million total is about what some analysts had expected Qualcomm to spend in fiscal 1996, ending in September.
``I was looking for them to spend as much as $150 million,'' said James Reynolds, an analyst at Wedbush Morgan Securities in Los Angeles. ``So any number like that would be consistent.'' The emphasis on CDMA research and development in fiscal 1996 doesn't mean the company ran into any major problems
developing the technology, Reynolds said. ``They're just doing a lot of work to expand it because there's a tremendous market opportunity out there,'' he said. Qualcomm's research and development spending ought to ``flatten out'' somewhat in the future and be diverted toward
worldwide sales and marketing, Jacobs said during his speech. He declined to say exactly when that would happen.
I guess those comments only confirm your preference for building the Web. You don't want r&d, you want sales! Me too, but I'll go with r&d for now. Keep in mind that this r&d is going to be part of the web infrastructure, so fits your target market. CDMA is going to be a powerful last mile link in the web.
You are right about people wanting to buy computers. We are now on our 4th, my brother his 10th [he's a mad computer fiend who likes them for their own sake rather than their service to him]. Ours all still work, the Amstrad double floppy with no hard disk being the pacman, frogger games machine for us and neighbours 2 year old computer training facility. The 286 is a word processor and 5inch/3.5inch data exchange device. The 486 has moved downstairs for son's email, university writing etc. The Pent133, 1.7Gb, 16mbRAM, 6speedCD, 28kmodem,17inch monitor is the mainframe. It paid for itself already with buying Qcom at $32, which I wouldn't have done with the old one as I wouldn't have been logged on during the short crash. But the internet is slow and unstable. That is the limitation on me now. Quick, build more fibre! Faster servers, more phone lines, better switches.
I've been to Akihabara. My son lived in Japan for a year and it is spiritual heaven for him. I thought it was good too.
From the cold wet south [we are now in winter!], Maurice |
