re: In my view, by far the most important factor is management quality, which is a little difficult to measure, but has to do with the ability of management to come to grips with the marketplace and win, and be honest at the same time.
Mr. Dell has those same qualities, although DELL is slow to react. I haven't followed Qs management long enough to know them well, like I do DELL's management, but from what I have seen from Qs management, they are straight shooters.
re: Edison
Edison, no way. Edison is un-touchable, not only did invent many world changing ideas, he invented the R&D lab. Remember QCOM did not invent CDMA.
re:I know a bargain when I see one.
What do you base the above on? Give us the details. Also, when did you buy your first QCOM shares? I based my buy in the 40s on what I believe at the time was the fact that the QCOM story was about to be made much clearer, so much so, investors would take notice in a big way. I also determined at the beginning of this year that 1999 was going to be the year of broadband and wireless devices, so I bought what I thought would be the looked at by other investors as a WINTEL of the wireless world, that would hold the keys to the next generation interent access. The last part of the sentence is G3 of course, which is still not widely understood by the investment community. I like that the wise or the general investment public do not understand G3 yet, it shows to me that there is more room for QCOM to appreciate.
Greg |
