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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 181.30-0.5%Dec 11 3:59 PM EST
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To: Maurice Winn who wrote (4610)11/15/2000 4:09:14 PM
From: grinder965  Read Replies (1) of 196921
 
Maurice - I sometimes wonder what kind of visability Wall Street is looking for. You really only need to understand two things, 1)Do you believe that there will be approx. 1 Billion digital subscribers in the world within the next 3 to 5 years?, and 2)Is the platform for 3G going to be based on CDMA technology?. Perhaps the street and the institutions aren't making buy and sell decisions on the basis of those spread sheets you so fondly mention. At any rate, the Q is a very good case study for debunking two of Wall Streets sacred axioms, 1)the markets always look ahead, and 2)markets are efficient.
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