Maurice, I trust the market, I do not see CDMA making much of a ripple, as yet, and I notice the market says CDMA is worth less than before, now. The chart pattern, especially if put in context, which is everything, just about, is not encouraging.
As to <<a better analogy>> ... you are of course wrong, either due to lack of objectivity or faulty reality perception, I am guessing.
... The language is the language. CDMA is just a way of language presentation, amongst a gazzilion other ways to manifest same language, of zeros and ones, or as you would say, hieroglyphs and alphabets.
We must get the analogy correct, else we are in danger of wrongly assigning significance to what in fact is everyday.
We must step back, see the truth amongst the facts, and apply critical thinking. If we are making a gamble, we should admit so, and not lull ourselves into thinking that we are doing an investment based on due diligence, especially regarding the interaction of market and science, take up rates and innovation cycles.
With all matters electronic, in my opinion, if one did not make a killing withing a short period of time, one has outstayed the better part of the party.
CDMA / QCOM party was done with back whenever, it could be, and best we beat an exit, skip over the housing gathering, side step the nanotech event, and move on to ... hmmmmnnnn, gold is always a good spot for a respite, but not just yet, and so that leaves at least shorting against housing and finance. If so, how well can CDMA / QCOM float when the water, in the form of moolah, is being drained out from housing/finance/derivatives global economy?
USD 20 would be a conservative target for QCOM, USD 15 is not out of the question, then a buyout from somebody, and then, as in the case of most technology shares, zero.
No danger of that happening to gold, because gold is the first alphabet of finance.
Chugs, Jay |
