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Technology Stocks : LSI Corporation

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To: Jack Whitley who wrote (20556)11/4/1999 9:15:00 PM
From: DWB  Read Replies (1) of 25814
 
Jack,

Every time I have even a twinge about QCOM being overvalued, I think about what you brought up... that there are only a small fraction of the world's population with access to a phone (India, China, Brazil, Indonesia, you name it) and it makes you look 10 years down the road and wonder just how much money could possibly be involved... It's not like we're talking a luxury here... it's a phone. A communication device. And if the local telco tells me it will be 12 months before I can make it onto a waiting list before they can send a cable out to my rice paddy... I just might give that nice man with the "cellular phones for sale" booth in the village another look. Heck, maybe I'll get ten of my neighbors and make it a group phone... beats the 30 mile walk into town to use the landline that's broken half the time...

DWB
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