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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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To: Caxton Rhodes who wrote (33018)6/23/1999 6:35:00 PM
From: puzzlecraft  Read Replies (1) of 152472
 
Caxton,

With the increased revenue from royalties helping the cash situation, I think Qualcomm should be able to do both (ASICs and handsets). Also a low margin business in of itself is not bad. A low margin business can produce high returns on capital if the product turns over at a high rate. Many large successful companies have three, four, five and more major divisions. I think it is good to spread out one's activity and not get too concentrated in one area.

John
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