Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.62

-3.9%

3:59 PM EST

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To: Ruffian who wrote (15888)	10/2/1998 11:15:00 AM
From: Frank P. Lee	Read Replies (1) of 152472

Off Topic -Michael, All I stated was the obvious fact that QCOM has been a particularly ordinary investment, almost yielding the return of cash over the last five years. Unfortunately, the stock sat on the bench for a good part of the great bull market of our day. Experience says that the future is less knowable than you seem to think and that locking yourself out to other opportunities has been a mistake. Plain and simple. I own 'em all and it has paid off because the business, itself has been good. In all honesty, I worry about the state of the business going forward and hence the weaker players in that environment. On a personal note, you could take a lesson from my old and valued friend, Dr. Brush, who is one of the really great men I have known in my lifetime. He responds with vigorous intelligence and is an honorable man in an intellectual debate that has sincere meaning to everyone here. Clearly, that cannot be said about you.

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