One of the strongest Gorilla candidates out there is QCOM, IMO. I made 250% on the IPO, I have a son-in-law in management there, and know them well. They have "taken over" San Diego.
They have had two hangups. One: will CDMA work, and two: can they settle the patient suits, and make a deal with Erickson, who controls Europe.
Since this technology is really needed in Asia, they also got hung up with the 'Asian flu", especially in Korea, which has gone big time CDMA.
Well, CDMA is pretty well proven, and I understand they are settling their patient suits, and are close to a deal with Erickson. Asia will always be a question, (will the Chinese shaft them?), but I have put the stock back on my watch list.
The Stock went from an adjusted 13 to 40 in 93, when I got out, has laid there, and is now about 77. Watch the news, and if the stock starts moving, you might buy a call.
|
