QCOM year end should be $70 [no splits or reverse splits, with the usual dividends and stock buy-backs]. <what do you figure the 2009 year-end qcom would be? >
People will realize after another couple of quarters that mobile cyberspace total demand is not significantly affected by the financial carnage. They will see the burgeoning QCOM profits and want a piece of the action because the high dividends and prospect of a lot more will be much more alluring than Big Ben's derisory payments to savers of US$ which are currently at UnHappy Meal levels.
Decades ago, the USA car industry seemed like a law of nature to me, like gravity. Now, QCOM can buy a bunch of them out of petty cash, without bothering to approach a bank for a loan [let along Big Ben's discount window]. QCOM and mobile cyberspace are a law of nature - literally, being the fifth force of the apocalypse = gravity, strong and weak forces, electromagnetic force and the observation/consciousness essential to bring the other 4 forces into existence.
There are eyes, ears, magnetic field detectors [in some animals if not people], touch sensors, taste/smell, speech. Mobile cyberspace does nothing less than extend those senses to anywhere where a transducer/camera/radiation detector/microphone/sniffer etc can be installed. For somebody to be a fully functioning human, they need to have their senses and output connected to everywhere else. That means they need QCOM.
People don't need holidays in Hawaii or Boracay when they can holiday in Bognor Regis, Long Beach [California], or stay home and do calisthenics to keep warm. But they do need mobile cyberspace. Some people think they don't but that's because they are still living in the past.
Interesting: < the ranks of the ordained side has thinnned noticeably in the past 12 weeks. from the back wall of the clubhouse can peek into the back garden of a residential complex and see 7 out of its perhaps 20 lowrise units. all seven are empty, former residents vaporized. also in neighborhood, the must-sellers of high end units next to the pla army base is asking for sars-level distress prices.>
I was shopping for a 3 bedroom penthouse apartment near Beijing station in an upmarket area a few years ago but didn't think of Hong Kong. Maybe it's time to go shopping there and maybe it would be better than Beijing as a part time hang-out. Better cyberspace connections for example - is your freedom as great as in Beijing for cyberspace links or do they ban you seeing BBC etc? You claim you have lots of freedom in Hong Kong.
Do you have a link to some cheap apartments/houses handy to ocean in the area?
QCOM in US$ down 6% for 2008 and in NZ$ [my grocery money] way up due to NZ$ down from 83 to 53 [as advised it would be and I hope you profited from my advice].
Mqurice |
