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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (21448)11/17/2001 3:12:16 PM
From: AllansAlias  Read Replies (1) of 209892
 
Why do you persist in posting these FA arguments to me? -bg I do not find the argument compelling.

If QCOM got to $200 at the height of the world's most outrageous bubble, it is a fantasy to think that it can get back to that level anytime in the next many, many years. How long did it take stocks to get back to their 1929 levels? How long did it take to get back to the 1966 levels?

I don't care if all of Asia and Africa gets cellphones. I don't care if pets start wearing the chips in their collars. I don't care if every appliance comes embedded with the damn things.

Even if wireless technology starts showing up in f*cking lightbulbs I don't care. There will be competition and alternatives, and saying that QCOM has patent protection is meaningless. The developments going forward won't be linear enough to count on.

[Please, can we stop now. -g/ng]
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