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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%3:59 PM EST
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To: Dan Ross who wrote (6332)12/12/1997 8:15:00 PM
From: GO*QCOM  Read Replies (2) of 152472
 
Everyone is scared and trying to find footing in this downturn.Folks don't forget why you bought the stock.QUALCOMM has had downturns before and they have come back with a vengence and took us all for a wild ride up.Sure this Asia thing is scary but not any where as scary as the days of proving this technology would work and puting your money on the brain trust, who forged this new digital communication.CDMA is bigger then all of us can see right now.Korea was a test bed .Thats history now were headed into the global arena that holds 75% of the worlds population, that has yet to talk on a phone.Richard Bliss who thank God is proably going to get out, is in Russia not Korea.The commercialization is occuring not only in Russia but India,Africa,Brazil,Phillapines,Chile,Brazil(QUALCOMM is shopping for a factory in Brazil)not to mention China.This all occured in the first trimester of development.QUALCOMM is still in the first early phase of global build out.Then there is the USA a market that I belive we will have 65% CDMA.Europe is starting to realize CDMA is cool.So frankly I don't know what all the fuss is about this is good all American inguenity working here.After all you don't see a Korean corvette out there thats why they pay us royalties.I have been buying since 1992 and I bought 300 more at 50.75 what a deal.I am as always waitng untill QUALCOMM is a 30 Billion a year company as are there competition.Good Luck.Buy it and hold it.I have not regretted doing so since 1992.
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