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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.96+1.4%Nov 11 3:59 PM EST

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To: jhg_in_kc who wrote (57986)12/30/1999 1:17:00 AM
From: Boplicity  Read Replies (2) of 152472
 
re: I am worried that these very two smart guys see the stock as obscenely overvalued

who own TLAB and DELL basically dead money, With all do respect to the good Dr., he might be living in the past, and thinks too much like the economist that he is. I suggest he read the following:

fastcompany.com

This is not your Fathers Market!

Not to say I have no worries, valuations does matter in the end, but we are buying the promise in QCOM. Ones should always buy the promise, not the realized promise, like what has happen to DELL and TLAB. When was the last time you news out of DELL on the order of how many million they are doing over the web, or a new plant announcment, you are not hearing that anymore. DELL is in the process of realizing the promise, while QCOM promise is only getting larger, which seems to be happening on a daily bases. Nearly the perfect environment to buy in.

greg
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