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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%3:59 PM EST
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To: alanrs who wrote (95131)3/2/2001 11:05:06 PM
From: Cooters  Read Replies (1) of 152472
 
alan,

I think the QCOM 03's represent a pretty solid opportunity to participate rather cheaply in Q's future. As I have stated here on occasion, if Q's business is not on a roll by January of 2003, I/we probably have screwed up.

With Japan's wireless growth amidst basically a depression and Korea's experience during their financial chaos, I think the economic environment has proved to be of little consequence to the business Q is both in currently and embarking upon.

For an example of a stock able to perform handsomely during a protracted economic downturn, I would turn to NTT DoCoMo in Japan circa 1990-2000. QCOM's current position is something DoCoMo could only dream of, in fact, DoCoMo going forward cannot prosper without dragging QCOM along, while the opposite is not the case.

Cooters
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