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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (583)8/5/1999 11:23:00 AM
From: Jon Koplik  Read Replies (1) | Respond to of 13582
 
Re : It should be noted that there are very few companies which have been able to finance as much of their growth from internal funds as has QUALCOMM. And it has always been perplexing to me that the numbers of analysts who follow QCOM, most of whom have better training in financial matters than in technology, still fail to see the import of this major factor benefiting shareholders.

I have this feeling that most Gucci loafer wearing Wall Street analysts are incapable of understanding how incredibly valuable a business that is involved with the trucking business (OmniTRACS) can be.

The more I learn about Qualcomm, the more it seems that OmniTRACS is the source of a lot of good fortune at Qualcomm.

Jon.



To: Art Bechhoefer who wrote (583)8/5/1999 11:24:00 AM
From: bananawind  Read Replies (3) | Respond to of 13582
 
Art, re Q self-funding and blind analysts - You answered your own question. The sell side analyst community largely ignored Qualcomm for so long precisely because it had the ability to finance much of its growth with internally generated funds. ie. no prospect of lucrative investment banking or M/A fees, no interest in promoting the firm's prospects.

Best regards,
Jim