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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Skeeter Bug who wrote (48679)11/9/1999 4:28:00 PM
From: Dooker  Read Replies (1) of 152472
 
The internet has exponentially decreased the cost of communication,resulting in the increased ability of industry, individuals and even government to better understand markets and adjust strategies accordingly. This tremendous increase in competition, productivity and efficiency is what the promise of the interenet is all about. Your focus on highly valued companies like Amazon ignore the real providers of increased communication--Uniphase, QCOM,SUNW, etc. Retailing on the internet may prove very difficult, but this does not lessen the strengths of the builders.
As to increased valuations, world markets are much bigger than before. With the end of the Cold War and opening of trade across the world, global companies who emerge as dominant will attain earnings the world has never seen. The internet is the triumph of capitalism and markets over communism and control. And the winners with their shareholders will be rich. SO THERE!
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