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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 180.90+2.1%Oct 31 9:30 AM EDT

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To: Eric L who wrote (1757)12/9/2006 12:53:17 AM
From: Maurice Winn   of 1819
 
Ericy was dead in the water at one stage and I recall commenting that QCOM could buy them for petty cash, along with many other companies. Times have changed and many have recovered very well. Nortel among them. Ericy should have bought QCOM in 1995 [or sooner]. QCOM should have bought Ericy a few years ago. Hindsight is a great invention.

Among all the market cap changes, the behemoths of the industrial revolution and 20th century, General Motors, and Ford, are mere relics of a bygone era. IBM, which bestrode the planet in the early 1980s, with monopolistic might [allegedly though as you know I have no fear of monopolies which are not government enabled - patents notwithstanding], became and "almost broke" shadow of it's past.

It's an amazing world we inhabit, yet it seems so prosaic and even banal on a day to day basis. People adapt to modernity without batting an eye [Ted Kaczynski et al notwithstanding].

Mqurice
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