Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.78

+0.1%

3:59 PM EST

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To: Wyätt Gwyön who wrote (122673)	8/2/2002 3:48:51 PM
From: Maurice Winn	Read Replies (3) of 152472

Mucho, re <OTOH, your primary point (that one cannot consider 1x the technology a failure simply because the stocks of 1x carriers are down) is valid. the bad news is...well, if you want the bad news, just read a financial history of the railroad industry. > Did the people who supplied the steel to the companies who made the rails lose money? Who was Carnegie? The great strategy about CDMA is that Irwin turned the world loose on it to compete, which keeps margins competitive and maximizes consumer benefits and adoption rate. Sure, competition will mean not everyone makes money. Many will lose. But that's life in the fast lane. I've invested in the company collecting a royalty on each thing sold and which designs and sells the locomotives. I suspect they made money in the railway heyday. Mqurice

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