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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.05-1.1%3:59 PM EST
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To: RocketMan who wrote (62585)1/16/2000 6:47:00 PM
From: Keith Feral  Read Replies (2) of 152472
 
QCOM is the most compelling networking stock to own for the next decade as the world completes their fiber optic networks with HDR last mile solutions. To say that the sky is the limit is an understatement. QCOM's CDMA ASICS will be in every cell phone, car, PC, PDA. In short, every gadget that is hooked up to the net will be digitally connected to the net with the help of QCOM's technology.

One of my friends told me yesterday that the only way to make money with the Q from here is if you had a really low cost base. I made the same ridiculous observations about MSFT and CSCO 5 years ago. Nonetheless, it really helps to hear someone make a totally inaccurate statement. It made me want to run out and buy more stock.

He also made the observation that QCOM was certainly no MSFT. He argued out that I was noveaux rich and it was time to start looking for the next QCOM. Since he was busting my balls, I just laughed and drove him up to see my new house. The view gave him the effect that I was looking for - complete and absolute silence. He may be a touch on the envious side. <gg>

As I reflect on QCOM's opportunity to finally provide the world with a last mile, digital connection to the Internet, I think that QCOM is much more than MSFT or CSCO or INTC going forward. I just laugh when I think about the archaic analog modems that will soon be a forgotten memory.

QCOM's technology is the key requirement for the convergence of FIXED AND MOBILE communications.
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