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

To: Wyätt Gwyön who wrote (75445)	7/6/2000 1:40:48 AM
From: techguerrilla	Read Replies (1) \| Respond to of 152472

50 cents in a quarter Looking at Qualcomm's earnings as being the basis of the value of the stock misses the key thing about the company, Mucho, in my opinion. Qualcomm is the company of the ages getting trapped in short-term thinking. I think Qualcomm represents a revolutionary technology. One that in 2-4 years from now will completely change the way society functions. I thought that justified the P/E ratio. Frankly, I can't understand why Qualcomm's value is being viewed so much in the short term. There's no way GSM-based technology is going to take this planet to the stars the way Qualcomm will be able to do so. That's my view. Call me a dreamer. I thought Wall Street was seeing that last October. That's why I entered. I deluded myself into thinking that our "instant gratification" society had vision. It does not! - john -