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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST
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To: jhg_in_kc who wrote (55512)12/21/1999 5:19:00 PM
From: Voltaire  Read Replies (2) of 152472
 
jhj in kc,

Let me just say I did appreciate your apology, I might have been a little strong post apology. At any rate let's keep making money.

What I mean by AMBIGUITY is that probably over half of the self proclaimed intelligentsia of the investment world do not even understand what Qcom does much less the uniqueness of CDMA. I have had different individuals in different locations test this, primarily on the large Brokerage House people. ( I am into psychological dynamics you know ) Ex. - Southern College Town- pop. 60,000. Had individual go up to the City's Guru that worked for Merrill Lynch and tell him that he had just taken 70% of his holdings and put it into QCOM. - Ans. Gee D-- are you out of your mind, never put 70% of your holdings in any one stock. D-- to broker, what do you know about Qcom? Well I really don't know that much about it. D-- to broker- you mean you don't much about the number one percentage gainer in the S&P 500? Well not really except it is in Technology.

So we have tremendous ambiguity in what Q is all about and especially what CDMA is all about. Like I have said before, this hurts us a hair in the short run but the impact should be exponential when the Graybeards begin to realize Q's potential. A good example of little Ambiguity is AOL - Simple, sign up members and basically keep going, almost anyone on the internet can tell you what they have and do.

Voltaire

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