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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 3:59 PM EST
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To: slacker711 who wrote (108296)1/3/2012 7:06:59 PM
From: BDAZZ1 Recommendation  Read Replies (1) of 197271
 
>>Sorry about that, but I guess really dont understand how your first argument and this comment work together. <<

Yes, I guess that line could have been interpreted in a don't second guess way. My point was simply one of perspectives, ie if Dr. J and a chat board guy were giving a keynote address, I would choose to see Dr. J. Nothing against W3, who I consider one of many very good contributors to a great board. But he knows that my stance is that he actually does have a lot of faith in P.J. 2nd best proof? He has his money invested here. But the best proof comes from you last post which he just now agreed with. Your statement,

>>but some companies have strong enough business models that only somebody completely incompetent would be able to derail the company<<

Exactly. This is actually a terrific vote of confidence by you and W3. The number one desire you have in a CEO of a successful company is, don't screw it up. Simple, yet I can cite a dozen CEOs that have destroyed their companies business models. And Dr J. is not only not screwing it up, he is milking it. So although your statement may not read as the best recommendation, it is actually THE most important faith we all have in this investment, faith that the CEO is competent enough to not screw up the successful business model.
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