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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 172.72-4.4%Nov 4 3:59 PM EST

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To: Jon Koplik who wrote (7750)3/21/2000 12:16:00 PM
From: Maurice Winn  Read Replies (2) of 13582
 
<Here is the link to the Forbes article (I think Forbes' website is set up so that it is difficult or impossible to copy and paste text).>

forbes.com

Like QUALCOMM, I like to do the impossible [the difficult is too ho-hum]. [That's a joke, for those who seem to take seriously what I think is an obvious joke] Here's the quote:
<Seven years ago, in a Four Seasons Hotel van with Bill Gates, I became involved in a heated argument over Gil-der's perspicacity. The great Microsoft founder insisted Gilder didn't know doodlesquat about technology. "Take this latest Gilder find, Qualcomm," sneered Gates. "Spread spectrum is a joke. Everybody just knows that." >

I read $ill's book "The Road Ahead" [years ago and excitedly thinking I would get the real oil] and was struck by how prosaic it was. I've since noticed what seems to be myopia in $ill. In my university days I noticed that some really 'smart' people seemed to lack imagination or something. People can get great grades, achieve amazing things and all that by simply having an amazing ability to learn, categorize, recall the information and operational rules for things.***

But associative thinking seems to be a different kettle of hagfish which hagfish themselves can't do [they might still be wayyyyy better than average people, but not in the super-duper league]. It's a sort of introspection and hagfish and other lowlife's are notable for a lack of introspection. Hence, L M Ericsson lives by their 'String of Pearls' cargo-cult acquisitive mentality, which does indeed provide a good living.

Driving around Mira Mesa in San Diego, there are a few L M Ericsson signs where QUALCOMM signs used to be. MightyQ! completes the adventure, then hands it over to the operational crowd to churn out the billions and billions.

Now, $ill is signing up flat out, with WirelessKnowledge, Ignition and other stuff to join the 'operational' crowd. They realize that the 'impossible which breaches the laws of physics' can indeed be done. By QUALCOMM anyway. Even GG [George Gilder not George Gotch] makes the mistake of thinking light has a fixed 'speed' and that's the maximum.

The 'speed' of light is so absurdly slow that the universe is best thought of as a solid, immovable and immutable with it taking literally 'forever' for light to get across from one side to the other. 'Forever' being a very long time, measured by comparing itself with itself, which is an introspective way of looking at it. It just seems really quick when we look at it and compare it with our speed of thought. Incidentally, I haven't read 'Business at the Speed of Thought' - is $ill onto this and going to head us off at the pass? Anyone know? When we hit $ill with this one, he will mutter his mantra again, "Major Paradigm Shift Happens" grit his teeth and sign another joint venture with Mighty Q! so he doesn't miss out.

Hence QUALCOMM will probably steal my Graviton Spin Reversal System and incorporate it in their Anita [TM] type Darwinian offspring, with $ill funding helping. But that's okay, because I own the stock and my stupid wooden prototype is still just sitting there.

Which is a long-winded way of saying, yes, $ill does not 'get it' sometimes.

The process seems to be, I come up with the good idea and build a wooden prototype. QUALCOMM develops it into a real thing. Microsoft gets money from a billion people and buys into the 'Bomb Club' with Q! $ill puts up the money and Q! puts up the brains. Go Q! Go. People bid up the price of QUALCOMM shares. I get to spend the money. Seems like a good deal to me.

The Fun has been Happening!

Mqurice

***That's my excuse for failing things!! I don't like the alternative option of being stupid. Lazy is my backup excuse.

PS: On the Forbes item, I just cutted and pasted! Seems to have worked okay. Didn't save to disk. But "Acrobat" published things are more tricky and I can't do that!
['cutted and pasted' is a joke - I know that it should be 'cut and pasted']
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