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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.60+0.1%Dec 30 3:59 PM EST

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To: saukriver who wrote (97481)4/15/2001 12:37:20 PM
From: Uncle Frank  Read Replies (3) of 152472
 
>> But it may just be that the stock is too dense for the average (perhaps equally dense) investor. In which case, Qualcomm will will indeed languish because it cannot be easily explained and/or fundamental questions (like patent expiration) are just avoided on message boards like these.

The "average investor" doesn't make his decisions based on dd; he makes it based on advice from some "expert", be it his stock broker, an analyst, or his brother in law. The folks that haunt boards like these are elite investors, looking for information that isn't widely known, and seeking a edge for their hard work.

I don't think the complexity of the qcom story is the stumbling point in the recovery of the stock. It's just that Qualcomm has yet to demonstrate conclusively that these technical advantages will lead to sustainable advantages in earnings and revenue growth. Once that happens, the gurus will laud the virtues of Collision Detection Multiple Access, and momentum will return to the Q.

uf
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