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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 181.84+0.9%3:59 PM EST

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To: Max Fletcher who wrote (40156)9/9/1999 9:28:00 AM
From: Jim Willie CB  Read Replies (1) of 152472
 
Fletch, dont get bogged down by projected $1.4T market cap on QCOM down the road many years.. hold the loins and be bold!!!

suppose in 1989 someone had told you about the upcoming dominance of Microsoft.. they projected multi-continent PC strong growth and near saturation.. at that time no stock's mktcap had approached $100B.. they claimed MSFT would hit $500B mktcap by y2k.. what would you have said in your exalted state of wisdom??? .. I dont pretend to exalt, but nobody cheats me out of an opinion

here is the key difference.. the PC Revolution which benefitted MSFT shareholders was and is certainly vast and widespread.. homes and offices are replete with desktop PC's and laptop PC's, with handheld PC's catching on

the Wireless Revolution will be much bigger and more all encompassing.. it will engulf PC's (esp laptop and handheld).. it will extend into home systems.. it will supercharge the internet phenomenon, email availability, and investing online.. it will open up fertile new ground with wireless money transfers.. it will create interesting opportunities for system mgmt as file synchronization becomes a critical issue.. new software platforms are being created as we speak, spawning new jobs

but BEST OF ALL, the Wireless Revolution will turn the Regional Bell Operating Companies into a mulchpile AS LANDLINE TELEPHONE FAILS TO COMPETE WITH WIRELESS

this will be the biggest technological phenomenon in history.. $1.4 Trillion, no problem.. just give it time
/ jim
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