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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Ramsey Su who wrote (276)8/27/1997 6:06:00 PM
From: Maurice Winn   of 381
 
Well Ramsey, right now I'd buy Qualcomm. A year ago, Qualcomm was about 50 and I advocated Globalstar which bottomed at $15 [in the new money post split]. Now it has turned around and Globalstar is $38 and Qualcomm down to $45. Buy Qualcomm now! Don't wait for the famous crash which so many of the experts predict.

When Qualcomm gets to $70 in a few months and Globalstar has trickled away again to $30, you can swap back again. Like playing on a see-saw. Trading isn't for me though. NZ doesn't take capital gains tax if you hold shares. But start trading and they are grabbing.

The tax people use your fist style of discussion, much stronger than my words. But fists are very blunt weapons. Not very suitable for developing mutual agreement and benefit. It is difficult to fist an electrical engineer into developing good CDMA systems. Better to reward. Japan tried giving China, Korea and USA the fist treatment several decades ago and in the next few decades found great success by thinking, talking, designing and producing.

Basically, fists are for the world of gorillas, to which we are closely related if I look at my hairy arms and prehensile fingers. Good for swinging in trees, and fortuitously well evolved for keyboards. Or are keyboards evolved to fit our fingers?

What's going on? Ericsson slipping, Iridium, Motorola, Globalstar and all. I guess people are in a little fear of a BIG CRASH! Many people now expect it. That should be fun, a nice little 15% market drop or maybe even 20% just to open people's eyes a little wider and keep their margins trim.

Roller coasters are fun! Especially if you don't know whether it is going to go down suddenly. Sudden intake of breath as it surges down.
I think any dips will be little fun ones.

Wheeeeee!!!!!!

Mqurice
Dow 16000, 2002
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