CSCO is now up 10% more for the year than MSFT, and rising. The DOJ effect is still there, I guess. Cisco is now up over 42% this year, and, I think will hit 100% by December.
The Qualcomm rocket just released its first stage boosters, and the second stage should cut in about now. I am up 80% in 3 months. If you read the Q thread, you know that it is full of one "good news" story after the other.
I really believe that the market still does not understand what has happened to Q, and just how big a lock they have. This move to number 2 in phone sales behind Nokia is very interesting. I would love to be marketing manager on the phone sales. It is a "slam dunk" to make them number one with a quality pitch.
I have followed the company for 7 years, bought it on the IPO. The number one problem has always been to hire enough bright people and find a place to put them. This enormous stock price rise helps to solve both problems. It makes their stock options worth a fortune, and provides all the financing needed for expansion. They are now in the same drivers seat as Microsoft, Intel, and Cisco when it comes to attracting bright people. The management at Q "wrote the book" on communications theory, and any EE worth his salt would love to work there. On top of that, it is one of the best places in the world to live.
The upside on Q right now is scary, IMO. |
