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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%3:59 PM EST

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To: Maurice Winn who wrote (103530)9/2/2001 2:47:03 PM
From: Art Bechhoefer  Read Replies (2) of 152472
 
>>At some stage, prices enter the picture of competition and stodginess won't sell.<<

Maurice, this is, unfortunately, mostly wishful thinking. In theory, the lowest cost, best performing technology wins, but in practice many other factors prevail. If you look at the auto industry in the U.S., Japanese companies have been the most innovative and have been quite successful, but U.S. companies, notably GM and Ford, still have most of the business. Consumer magazines continue to praise the features of car companies like Subaru (Fuji), but despite the fact that its vehicles outperform comparable vehicles by domestic manufacturers, often cost less, and come out far safer in crash tests, Subaru remains a minor player.

This is the concept I was proposing with regard to QUALCOMM and the competing systems. QUALCOMM wins hands down on the technology, yet appears to be relegated to the status of minor player, simply because of the financial and political muscle of the major players.

Art
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