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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (13826)	9/9/2002 2:53:55 PM
From: 16yearcycle	Read Replies (2) of 57684

They keep talking about slowing pc growth, slowing pc growth...fine. And I have been asking for 5 years, how about cellular? Growth? Replacement cycle? How many per family? If you could own a business that was selling for 20x current profits, but there was solid growth to come, apparently, and within 10 years you would get 3-5$ per every cell phone sold in the world, just based on your IP, would that be a good business? And no one seems to be able to make the chips you developed, so even though they don't want to pay you twice, they may have to. The worst thing that has happened to qcom was becoming the poster child of the bubble, since its huge move was basically done all in 1999. But its still 6x higher than its 1998 low. It is the only reason I am slightly ahead of mid 1999 still. Any other bull headed bulls like me are about 6 feet under. Maybe 60. finance.yahoo.com Warning: trade qcom very short term at your peril. I have seen the best traders in the world get snuckered by it.

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