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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: bananawind who wrote (12582)	7/20/1998 3:47:00 PM
From: Jon Koplik	Read Replies (2) of 152472

Jim - regarding your question <Well, Jon, if you are not impressed with WB's methodology, far be it from me to try to convert you. Just out of curiosity, to what would you ascribe the results he has achieved over the last 30 years or so?> My answer is -- being willing to be involved in a huge way in one of the most boring, least understood, but hugely profitable industries -- Insurance. Have you ever met a business person who was the owner of a large insurance organization who was not extremely wealthy? Yet, if a friend of yours said "Let's go through all of the regulatory hurdles to set up an insurance company?" would you be eager to get involved? I would not, even though I know it is very lucrative. Jon.

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