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


To: Wyätt Gwyön who wrote (75448)7/6/2000 2:58:01 AM
From: techguerrilla  Respond to of 152472
 
Earnings matter big time!!!!!!!

Absolutely! What's the purpose of operating a company without earnings?

My point is that Qualcomm's potential for earnings 2 to 5 years out is not understood one iota. It is not understood by the retail investors for sure. What is surprising to me this year, though, is that it is not even understood by Wall Street analysts. I mistook (silly me!) in October that Wall Street was comprehending it. What Qualcomm was benefitting from at that point was simply goofy retail momentum.

I have always lived by the concept: "Never underestimate the stupidity of mankind." My mistake this year was giving Wall Street analysts credit for intelligence. I will never do that again.

This is a very manipulated market. Lots of different forces affect it.

I'm just hoping that Qualcomm's technology doesn't get buried by mediocrity as did Sony's Betamax and Apple's Macintoch. Qualcomm's technology is too important to be shoved aside by junkfood.

For my Macintosh,
- john -