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

To: Art Bechhoefer who wrote (78464)	8/8/2000 12:45:30 AM
From: Jacob Snyder	Read Replies (3) \| Respond to of 152472

re: QUALCOMM is to the current era what RCA was during the 1920's to 1950's -- the company with most of the relevant patents in its field You better hope that analogy is incorrect, unless you're short the stock. RCA was the darling of the stock market in the mania of the 1920s. Then it fell off a cliff, and the stock took 30 years to recover back to the 1929 high. And this was in spite of the fact that, as you say, the company: 1. owned all the crucial patents in a new technology (radio) necessary for a new mass market product. 2. had hired all the people competent to use and improve the new technology 3. had a brand name 4. was a vertically integrated monopoly 5. continued to increase sales and earnings through the Depression, something very few companies could do.