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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 166.05+0.6%3:59 PM EST

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To: bananawind who wrote (587)8/5/1999 3:27:00 PM
From: JMD  Read Replies (1) of 13582
 
Jim, re: "The sell side analyst community largely ignored Qualcomm for so long precisely because it had the ability to finance much of its growth with internally generated funds. ie. no prospect of lucrative investment banking or M/A fees, no interest in promoting the firm's prospects." Watch it, Florid One, you just might turn me into a cynic!
O.K. gang, bring me up to date--I go to Hawaii for a week and my portfolio looks like I did the morning after I 'won' a Mai Tai-direct-from- pineapple-drinking-contest. Last I checked, the Q had just dropped a quick billion in its coffers and was well on its way to conquering the known telecom universe.
Now we're down 15% cuz BatWing decides that it can make ASICs? The Good Doctors Jacobs and Viterbi must be shaking in their boots. Really, this is a joke, right? Surfer Mike has a better chance of getting ASICs out the door. Help--wassup? SM
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