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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: jprincess who wrote (59672)2/2/2007 4:50:12 PM
From: Maurice Winn  Read Replies (3) of 197253
 
Never forget, management can destroy any business opportunity, no matter how easy or slam dunk it is. Look at Globalstar for example. Straight down the gurgler. <QCOM, it seems like a SLAM DUNK win >

QCOM has lost a LOT of opportunities. Acquiring the bankrupt Globalstar assets for example, for about $70 million, now with a market capitalisation of about $1 billion, with some money put in, but not much.

QCOM should now be at $1 trillion market cap. But no, the handset division was hopeless and ditched [Paul was running it]. Infrastructure couldn't hack it. Eudora could have been Google.

Many opportunities gone.

Mqurice
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