The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

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To: Ruffian who wrote (4751)	1/2/2000 3:26:00 PM
From: Drew Williams	Read Replies (1) of 13582

Irwin Jacobs was on This Week and was sorta interviewed by Sam Donaldson and George Will. Supposedly, they were going to discuss whether the NASDAQ could continue to rise at the rate we've seen over the past year. They asked Irwin whether Q's share price could go to $250 (the Paine Webber target of $1,000/4 for the split). Irwin tried to make points about the "exciting" opportunities, and that wireless was the future of communications. Donaldson jokingly (and condescendingly) criticized him for giving a "commercial." So why did they invite Irwin Jacobs on the show in the first place if they did not want him to talk about Qualcomm? They also had on an expert (and we all know about experts) named Grant (who was that guy, anyway?) who had nothing interesting to say either, but agreed with Donaldson about current valuations being unprecedented and unsustainable. Bubble economy, etc. Yawn. Heard it all before. Bottom line: Nothing of interest asked and nothing new said. Actually, the most interesting thing about the whole thing was yet another confirmation of Qualcomm's celebrity status. In that vein, yesterday I saw a full page ad (p33) in the January 2000 Scientific American for The Tech Museum in San Jose (http://www.thetech.org) with the headline, "CHANCES ARE YOUR KIDS HAVE NEVER HEARD OF IRWIN JACOBS. VISIT THE TECH AND HE MIGHT JUST INSPIRE THEM." He certainly inspired me.

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