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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 154.06-3.4%3:52 PM EST

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To: Tony S. who wrote (2933)11/3/1999 8:03:00 PM
From: Catcher  Read Replies (1) of 13582
 
re long term valuation & q's enviable position. every now &
then i set aside all the technical advtgs & lockholds on
the rest of the players & wonder whether an old adage
might apply in a new fangled environment: that if something
seems to good to be true, maybe it is. jealousy, envy and downright anger are surely motivating many a varied & monstrous competitor to break q's apparent stronghold. can
q duplicate & then sustain market "dominance" (just kidding judge) the way msft & intc do? is it just me or do others flinch when a headline reads that a csco, intc, lu or even mot are "honing in" on a "new & improved" wireless technology? long and strong q but this "creeps in" when i see q's stock forecast at $1700 5 yrs from now. again--i am long and strong q...without a net--and with a first grade level understanding of the technology.

i understand we are betting to the contrary but it could happen that some other gorilla comes up with a better mousetrap next month or next year--right?
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