SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 168.09+1.8%Nov 28 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ramsey Su who wrote (212)7/26/1999 6:57:00 PM
From: cfoe  Read Replies (1) of 13582
 
Re: Assessing Q's valuation now and going forward. I recently read the Gorilla Game (after tThe Innovator's Dilemma, the most useful business/investing book I have read in a long while)and began to reassess my Q holdings. Some thoughts for others' response:

1 - It is very difficult to value a gorilla (or gorilla in development). They almost always look overvalued.
2 - Ever since the ERICY settlement, Q has increasingly exhibited signs of being this type of company. Latest is the recent indications that ERICY appears to be jumping on board with both feet. (Could it be their salvation?)
3 - It is very difficult for the marketplace to put a valuation on what is doesn't know it doesn't know. I am confident that there are applications, products, alliances, etc. in Q's future that I cannot anticipate. And I would think that most investors and probably all but a handful of analysts are no more informed or prescient than I am.
4 - Looking back, Q's management, for whatever mistakes it made along the way, has produced a magnificient result. They have taken a technology and company that was scorned by the mainstream in its industry and produced the world (technology) leader in one of the fastest growing industries.
5 - It is easy to either "cheerlead" or "nay say" any company/stock. Most if not all of us have all done both, with mixed results. I do not want to stay bullish on Q out of some "momemtum."

In summary - I cannot put a specific value on Q; therefore, I cannot say now whether it is over- or under-valued. I can only look at what has been accomplished (much) and the opportunity ahead (very large, probably huge), and trust that the folks who got me this far will continue as they have (bumps along the way and all), until I have evidence they are seriously and permanently off track.

Any feedback will be appreciated.

cfoent
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News