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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.02+3.7%3:59 PM EST

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To: A.L. Reagan who wrote (111570)1/24/2002 9:49:24 PM
From: S100  Read Replies (1) of 152472
 
I think you have to remember that in 95 or so, there were no CDMA phones or infrastructure. They had to do that themselves, and much of the funding came from OmniTracs. Some could take the view that QCOM pretty much created the CDMA system. They are continuing to do that world wide now. It is their money and they can invest it where they feel it will further their interests. If you feel they should maximize the return, perhaps you should consider investing in a Mutual Fund, many have less than 2 billion and could show a better return, but not increase the CDMA market.

As far as book value, what is about one city block of multistory, relatively new buildings in what seems to be a high value area of SD worth? They get rent from Ericcson, if I remember correctly. Also, I think SPINCO was to pay for use of a building owned by QCOM. I think they also bought the former Headquarters of a failed bank at the bottom of the market for bank buildings. So they may own many of the buildings they use.

How about a link to the numbers you feel are wrong. There are so many, I get lost.
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