TJ, QCOM is a minuscule part of CDMA akin to Mr Diesel inventing the diesel engine is a now irrelevant part of the colossal diesel engine industry running the world.
If you add up the economic wherewithal of things CDMA/OFDM you will find it's something in the $trillions. Apple alone is worth a good part of $1trillion. Vodafone and Verizon are significant too. Then there's Nokia and a retinue of Japanese companies. Huawei [Made in China] is booming on the back of CDMA/OFDM.
Of course Qualcomm's derisory royalties are insignificant compared with the world's stash of gold which can apparently fill a swimming pool or two. That wasn't the point.
If I write my epitaph now, I would be much less happy to write - "Bought gold in 1994. Sat on it. Died with the same amount." than "Brought Peace, Light, Harmony, Happiness, Health, Prosperity, Longevity, Fun and Love to billions. Even to TJ who lit up his life with his little CDMA/OFDM DeVice. While he can pass on his gold, his children will prefer to be left to their own DeVices. They have possibly even already been able to get their hands, or at least eyes on Daddy's, just to show them the future so that they will not be left behind in an atavistic Aztec barbarian world. Meanwhile grandson Sebastian Chan, now three weeks old, has a world of possibility rather than some stone age relic as inheritance. PS: Did a lot better financially by sticking with QCOM Irrational Exuberance than bailing out with the invention of the Irrational Exuberance expression to hide in a golden bunker."
Oh, do they ring a bell at the top and bottom of gold moves? <50,000 invested in qcom in 1992 could have been offset by a steady investing program of put/call machinations on gold while on the way down, and a 20-50x spec on the way up. gold, down and up and down and up is hard to beat because it shall not go to zero and has always been very liquid, because it is, at the end of each day and the beginning of every night, gold. > By listening for the bell with Qualcomm, you could have done even better.
Anyway, it must be time for you to buy some more CDMA/OFDM. You can do it on-line now [I guess], using your existing CDMA DeVice, and soon you will be able to pay on-line too with real money; gold and US$ are not real money any more than grunts and grins are real communication.
Life's a giggle and a lot of fun,
Mqurice |
