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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.52

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10:01 AM EST

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To: Jacob Snyder who wrote (103983)	9/6/2001 11:39:31 PM
From: limtex	Read Replies (1) of 152472

JS - OK I'll try to explain but first I must re-iterate my belief that we are about ot expreience a whole new world unlike anything we have yet seen in the computer/telecom evolvement of the last few years:- 1. I do not believe that there will be very much growth in plain vanilla voice handsets except perhaps in China. Europe is a very good palce to see that eventually a market where demand for voice handests is just about reaching saturation. Why bother to go into the store to buy something that you already have and works pretty well. What yo really want in Europe is for your monthly bill to go down and go down hard and quickly for plain vanilla voice. 2. Now for the fantastic new world. JS many of us on this thread are techies. Techies see things that other more sober investors do not. That doesn't mean that all the things that techies see become profitabel, far from it but neither does it mean that just becuase some of us techies do see something and we are raving about it that it therefore is not going to be a global change. I am not only a techie in this instance I am a typical consumer of these gadgets. The PDAs I'm talking about are already to come to the stores by Christmas. They will have color screens, they will work at 80-90Kbps, they will be always on. They will have special web pages just designed for them, they will have built in cameras. They will be able to communicate with new mini VCR cameras, they will operate as mini video and still cameras themslves. They will have virtually dirt cheap international calling rates ( Net to Phone) they will be able to communicate with your notebook and you automobile and your ATM. It will know where you are and where everyone else is and where all the stores and restaurants are. It will be able to all sorts of goodies in the Corporate world. And that lot is just the beginning and iot is why I am herre and have been for the last four years or so and we are just about to enter this the beginning of this period that many of us have been sitting waiting not very patiently for. All this will either be available by Christmas or it is being worked on furiously right now. Best, L

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