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

To: marginmike who wrote (36320)	7/21/1999 1:06:00 AM
From: Uncle Frank	Respond to of 152472

* Very OT * >> The shift to thin servers and the obselesence of the PC will slowly erode DELLS's market. Their stock price reflects its past earnings. mm, unless I'm wrong, I think you meant to say thin clients, which has been Larry Ellison's battle cry for several years. Not only has he been dead wrong in his prediction, he's also managed to do severe damage to his own company while conducting his ego driven campaign against Bill Gates. And as far as dell's stock price reflecting past earnings, I don't think the market has a memory - prices are always based on future expectations. If Q, with it's strangle hold on an enabling technology, manages to reward us half as well as dell has it's shareholders over the past 5 years, we will be rich beyond our wildest expectations. Just review their graph to validate this comment: finance.yahoo.com Frank btw, I no longer own dell, but I regard it as one of the finest companies in America.