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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: Ramsey Su who wrote (1155)1/23/1997 11:42:00 PM
From: Maurice Winn   of 1819
 
techstocks.com
Gee Ramsey, $2bn in revenue might be conservative!! I just have to post a nice big told you so. Not told YOU so, but just in general. New trading range as expected. The old $54 top has been shot away on big volume. And look at the revenue already coming in!!! As you said back in Nov, "This may be the final qtr to load QCOM in your portfolio before it starts to mature as a bona-fide tele eq giant".

You, know, think back to March 1996 and look at the progress in less than a year. And the rate of progress is increasing.

In the current excitement about USA roll-out, which is nice, people are losing sight of the big time, which is China and surrounds. And just quietly the other day, the infrastructure joint venture between China and Motorola started production. Guess what they plan to do with the output!! And how big the output will become.

Hitachi, the other Jap companies and the Koreans aren't in it just for fun either. Still no licence for Ericsson!! They must be sweating.

Just popping in briefly to join the celebrations. Summer calls here.

The Raging Bull.

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