I bought Arm because past results were good and future earnings "might be good." At that time, the stock was $42.00 a share.
I never thought the shares would climb as fast as they did either. Like you, Michael, I wish I had bought more.
Arm is an European company and because it is entrenched with members of the Symbian alliance, I believe the company would fight an American takeover. At least I hope that they would because I believe some European tech stocks that could do very well this year. This is an opinion only. I can't support it. My European holdings have done well: ARMHY, CHKP, NOK,STM, TMS. I try to think about the year 2000. I don't worry about what may happen in 2005 or 2010.
As far as Qcom's share of the mobile phone market to date, I found the following report:
NOKIA AND MOTOROLA DOMINATE U.S. HANDSET MARKET, REPORTS THE STRATEGIS GROUP
WASHINGTON, Jan 17, 2000 /PRNewswire via COMTEX/ -- Nokia dominated the US cellular/PCS handset industry in 1999 with
over 34% of all cellular and PCS handset sales, followed by
Motorola with 23%, according to The Strategis Group's recently released report U.S. Wireless Handsets: Marketshare and Trends. The Strategis Group reports that TDMA was Nokia's best selling technology, whereas Motorola's highest volume of sales came from analog handsets.
Nokia was also the leader in GSM handsets in 1999, while
Qualcomm garnered the highest volume of CDMA handset sales. U.S. Handsets.
Vendor Market Share Estimates for year-end 1999
(iDEN Handsets Excluded) 1999:
Nokia 34.5%
Motorola 23.1%
Qualcomm 12.0%
Audiovox 11.8%
Others 18.6%
Source: The Strategis Group, Inc. |
