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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (35518)	7/17/1999 7:58:00 PM
From: gdichaz	Respond to of 152472

Diamond H: Yes. The shift is from basing investing on what you observe in the consumer market place is popular and buying the companies that produce those products to a more technology based business focus. Buffet's position on coca cola was right when he bought, a less than optimum choice now. And on and on. He was very astute for his time. While Peter Lynch also suggested you buy what you know, he also set some general principles which were very different from the perceived Wall Street "wisdom". To his credit. For example, he preceded the Motley Fool in suggesting that the individual investor trust him/herself. And that common stocks were a far superior investment to bonds. His bond recommendation was and is zero holdings for example. Likewise he suggested that bank CDs are only for limited funds and short term purposes - not retirement investing. Also he tried to suggest that if you are over 50 you still might need growth investing for your next 30 years of life or so. And his home run and "multibagger" terminology lives - especially on a baseball oriented thread like this one. :-) But to me, as I suggested, his point that a couple of homeruns or multibaggers more than make up for a loser or two was eyeopening. The Motley Fool is carrying his mantle in helping individual investors with the investment learning process. On that I think Mike Buckley and I agree. Chaz

To: waverider who wrote (35518)	7/18/1999 1:14:00 AM
From: Jim Willie CB	Respond to of 152472

the sea change is characterized by a rapid acceleration in next generation wireless, fiber optic, and semiconductor developments from my dim view, it seems QCOM and Lucent are at the heart of the movement... Gilder expects this revolution to happen more quickly and more sweepingly and last longer than the PC revolution I agree totally... the internet was a wakeup call... cannot wait for wireless IP to fully develop, with webclips, synchronization, and wireless internet service providers... need some work on standards, but maybe we wont need much standardization... suspect we will / seamus