Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: limtex who wrote (78450)	8/7/2000 9:46:18 AM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 152472

Limtex, this is by no means the first time that BARRON'S has done a number on QUALCOMM. The most famous one was in 1994, I believe. At that time BARRON'S printed a piece that was based on an outdated engineering study of CDMA, which purportedly claimed that CDMA would never work because it was too complicated. The so-called expert opinion on which the article was based was from an engineer who knew, or should have known that the initial problems with CDMA experimental transmissions along the Los Angeles freeway were caused by interference from analog cellular signals near the freeway. Once QUALCOMM designed a filter, the problem was corrected. BARRON'S is not the only publication that continues to beat down particular stocks, without even trying to give both sides of the issue. This phenomenon has happened so often with regard to QUALCOMM that one may suspect other motives than just knocking down the stock. As I have noted much earlier on this discussion board (about March, 1999), there appears to be a bias aimed at certain people heading cutting edge technology companies. It is unfortunately true that the investment community thinks some people are not suitable to head a technology company but are better suited to run department stores, banks, investment firms, hotels, real estate, apparel, and other firms not seen as on the cutting edge of technology. On the other hand, if you have the right sort of name, like Gates, you are treated with far greater deference. What really must be disturbing to these narrow minded folks is the growing number of successful, profit making, cutting edge technology companies that continue to flourish under the leadership of the "wrong" people. Art