Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (24194)	10/14/2002 3:46:06 PM
From: Maurice Winn	Read Replies (1) of 74559

Jay, QUALCOMM $32.7 Gold $317 = 9.69 QUGD [Q up 40% from the $23 low] As you have pointed out, and Americans are starting to notice, China is on a roll. Take a guess what the means of communication will be, for both cyberspace and talking. They have got umpty billions of $$ rolling in and they all need cyberspace and they all need to communicate and they all move around while doing so [or wanting to do so]. There are a lot of them cheek by jowl so spectrum can't be wasted. It all adds up to several QUALCOMM chips per person. They don't need gold - even for their teeth [diets are no doubt improving and rotten teeth reducing]. They need silicon and germanium, squashed into the magical CDMA form. Gloat, gloat, [enjoying it while I can because tomorrow can be another day] Mq

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