Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.29

-2.2%

3:59 PM EST

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To: kech who wrote (6517)	12/15/1997 4:33:00 PM
From: Maurice Winn	Read Replies (2) of 152472

Meanwhile, back in the jungle. 5 million shares traded today in Qcom. At around $51. That is a few [$250 million] of the hot shot speculators with their computers, PhDs in maths who have got a good tab on Qualcomm, getting back in. Who sold at $51? Silly people. I think the hot shot trading company is called D E Shaw and Co in New York. They trade a lot of stock and make a lot of money. Betting against them using some weak trading program will lose money. Now Thom, what happens at the edge of the distribution network? A factory can choose supply from one network or switch over to a neighbouring [neighboring] network. Although we then need a book on oligopolies. But nevertheless, there is leakage. The hated regulators don't have to step in. They get paid to step in by voters who vote them out if they don't. The monopolist needs to pay them a bribe to step in and protect the monopoly profits. The defect of democracy is mob rule. No protection of individual rights. See what happened to melanin-dense people for a century or so in the land of the free and brave. No protection of their minority rights. No free and brave for them. Netscape owners hijacked their assets from the university where they worked, funded by public money, into a private company, which they then IPO'ed and made billions. The state should confiscate Netscape without compensation, legislate market shares and prices. Then nationalize Microsoft and in the interests of efficiency, make a single government department of computing and communications. No more monopolies to worry about! All happy in the land of the congenial regulator who loves his sheep. Bloody hell! I've been here ages. Definitely gone now! Mqurice PS: Just received by email..... ----------------------------------------------------------------- Maurice I think that you're doing quite a good job educating the American commies such as Chris Reeder and Tom Brush but maybe they need more concrete examples to help them think it out. EG point out the enormous waste of energy at thermal power stations. This now being reduced by building smaller stations in industrial areas and piping the hot water to factories for heating. Piping hot water is expensive ie wasteful. Every house could could[sic] have its own system. No barriers to entry in software. IPRs are were[sick] Q lives as you are well aware but many of the others do not understand. You could use the "First they came for the communists, but I wasn't a communist . . . " example. I'm really worried about this. As I said the other day, the death of communism has been greatly exagerated[sick]. It really is alive throughout the "education" system throughout the world. Also ('struth) could you find out from Tom what we Libertarians do to harm other people? I thought the idea was to not impinge on others. Landfill:- A monopoly right granted granted by the government planners or else priced low enough to inhibt[sic] competitive entry. ie no monopoly profits. -------------------------------------------------------------------

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