Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.20

-3.3%

Nov 6 3:59 PM EST

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To: marginmike who wrote (75731)	7/8/2000 1:05:54 AM
From: DWB	Read Replies (2) of 152472

MM, 100% correct and right on the nose. Waaaaaay too many people seem to be in a day-by-day or tick-by-tick mode with this stock... but it doesn't work that way. One of the best ways to find the most valuable stocks is to follow the money. By that, I mean if people will just look at the unbelievable amount of cash that is going to be involved in wireless in the next 5 years, it's totally understandable that each and every company involved is going to say or do whatever they can to get a piece of the action. In Korea's current situation, they're trying to jawbone down the royalty rates from Q. Are people so shortsighted that they don't recognize the comparisons between this and what DDI and Unicom did? This too shall pass, but unfortunately, most of the people that were so happy to watch the stock rise last year, won't have been able to hang on through the lower half of the parabola... which is a shame. This company is going to make so much money in the next few years, they'll be twice as mad having ridden it down only to sell at the bottom... DWB Q2.5K/Y2K+5

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