CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 174.78

0.0%

Dec 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ramsey Su who wrote (1182)	11/21/1996 6:28:00 PM
From: Maurice Winn	of 1819

Ramsey, I don't believe the analysts see anything you don't. They see profits doing nothing. They see unproven technology just entering the market with performance guarantees a big liability. They see a "controversial" technology with major risk attached - what if it doesn't work as claimed? They see a shortage of handsets. They see a very competitive market developing with declining margins. They see Highway Master as Omnitracs competition [although they are losing money]. We see the profit as just the outcome of managing income and expenditure to maximize growth. There is no need for profits from a development company. Development companies need investment, they don't pay out profits. We think the technology will work as claimed and performance guarantees will be met. We see a shortage of handsets as a big opportunity to boost production, not a drawback. Most businesses just love the "problem" of too many customers. We see a huge market developing and smaller margins will still mean huge profits. I don't believe Highway Master is serious competition, but it does mean Omnitracs won't just have it all their own way. 1997 sales for Qualcomm? Oh, I dunno. How about $3bn? Based on last quarter, they were selling at the rate of $1.1bn on an annual basis. So $3bn is going to be about right. Oki is also a handset supplier already. I'm pretty sure of that. So just relax and buy more Qcom with spare cash. Maurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next