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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 170.90-1.3%Nov 7 3:59 PM EST
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To: slacker711 who wrote (19506)2/24/2002 5:36:21 PM
From: Dexter Lives On  Read Replies (1) of 196546
 
There is no capacity crisis - only an equilibrium price point on a supply-demand curve and the marginal cost of producing the next unit. I say price is coming down faster than cost.

Invested new money in voice/data combined networks is staring right in the face of the law of diminishing returns. You say they're making money - the capital markets (and myself :^>) are saying they are losing money and its only going to get worse, much worse.

We'll see.

Rob
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