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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.17-0.4%10:40 AM EST

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To: tero kuittinen who wrote (13893)8/18/1998 10:35:00 PM
From: Renby Cage  Read Replies (2) of 152472
 
Tero,

Yes, last time I looked I was a man. I could tell you about my experience with one of your own, Serpa. Came to this country by way of marrying some fat slobby guy who had the great idea of bringing a Rolls Royce into Finland so impressing the women until he came across the most beautiful who dreamed of California and getting away from the frigid winters and boring men [no offense, her opinion]. When I first met her she was 25 and a young Catherine Deneuve with brains. While I prefer qualcomm cutting edge technology an hour down the freeway to outdated and rapidly becoming obsolete European legislated tech, when it comes to women I'll import them from your part of the world any day. Though Serpa's tendency of showing up to my residence at any hour of the night inebriated did wear a little old, [except the night she brought her younger sister], last I heard she got rid of the slob, graduated from law school and working for the DA, and her sister from medical school.

Worldphones will provide competition for sat phones, though G*s primary market will be places where cell phones don't live. The sat phone business is specifically designed to make a fortune covering the parts of the world that wired and ground phones are less practical or impossible, which is only supposed to make up something like 2-3% of the communications universe. If they get those sats up within reasonable time and the technology works as designed, G* will be a highly successful investment. There are always risks with such an enterprise, but those in the know are confident to the point of certainty that in the end, this will work. The demand is there.

Recognize both the CDMA technology and the cutting edge software that is the intelligence behind the metal eggs are both courtesy of, well you guessed it. You must admit one thing, whatever your opinion of the market forces in place, qualcomm's technology is nothing less than world class brilliant. Whether they can translate it into a world class business is certainly debatable [and has been forever], I personally believe they will and I've got a lot of world class American $$$$s riding on that belief.

May you always have ample crackers for your soup,

Renby Cage

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