I am new to SI but not to Qcom and the stock market. I would like to know if anyone would like to contact this Prof and ask if he has changed his mind?
During the Everen Securities Analyst Comments on QCOM, the professor from Stanford was mentioned. I dug out my QCOM file and found an article from the April 10, 1995 "BARRON'S", should that be "BEARRON's" since they have bearish in the 10 years I have subscribed to them? Let's see, Dow now at 11,072, was about 2,500 then. A friend has subscribed to them for about 35 years and claims they have always been bearish.
The article was very bearish on QCOM and the Stanford Professor is Bruce Lusignan. This is his page.
ee.stanford.edu
It was last modified in 1994 but has the following text:
>Lusignan designs and introduces advanced communications and space systems,
>including satellite
>television stations, low cost two-way voice stations, and high data-rate
>stations.
The article quotes him as follows (only giving part, lots of typing)
"In 1992, Lussignan declared Qualcomm's CDMA technology unworkable at densities claimed by the company, a conclusion he reached after riding for a couple of hours around San Diego in a Qualcomm-equipped van and speaking with researchers."
"Lusignan, who directs Stanford University's Communications Satellite Planning Center, remains a skeptic of Qualcomm's technology."
"I feel universities need to much more recognized as sources of objective opinion. Any attempt to interfere with that source leads companies and investors to waste their money." |
