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

To: Teresa Lo who wrote (83197)	10/11/2000 9:13:02 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 152472

Teresa, it sounds as if you do very well trading treasuries, but don't the profits get a little taxing?

To: Teresa Lo who wrote (83197)	10/12/2000 10:18:15 AM
From: DanD	Read Replies (2) \| Respond to of 152472

I understand completly. Missing the upside is not my argument. I made enough trading last year to retire. I have done exactly the oposite this year. My play account went from 6500.00 to nearly 2 mil. As I said this was my play account. After paying tons of taxes. Buying a nice new toy or two and taking my family and friends to Europe. and making bad trades this year so far. I have about 150 k left. While one of my investment accounts have gone from 16k to over 100k. with no stress and i think only one trade all year. I even remember wondering when my investment account would pass my trading account. See I even know that I can't beat the street for long using options and margin. Like Peter Lynch says if everyone was a technician the bottom would be the top and the top would be the bottom. My advice to you is continue doing what you are doing but add an investment in Qualcomm. It is the one company in all the ones I see out there that is a true Gorrilla. No other has "ownership" of a world technology and has demonstrated management expertise and knowledge of its market with nearly the skill. Others such as Nokia and AOL have competitive edges in delivering commodity products but that is a fleeting thing. They both understand this and that is why they are trying to obtain ownership. Nokia through WCDMA and AOL through Time Warner and cable. Without it they will have to compete in almost perfectly competitive markets. An ecomomist's dream but a business man's nightmare. The Q already has ownership the only question is how much, and they grow as a steady rate. Your original question was about timing for fundametal analysis. Well my original analysis for Q about 5 years ago showed a company that was growing faster than the market and not getting rewarded for it. It also showed that they had a technology that was clearly superior to the rest of the industry and had the "potential" to be a world standard. GSM was already an excepted standard in Europe and the "timing" of weather or not the Q would be successful in the US was being questioned. I thought that Even without a dominance standard they would still be a good solid 20-30% growth stock for many years to come. That was my original trigger to buy. I am a pool player and in pool we call that a two way shot, Great if you make it and safe if you don't. If you buy something that has the potential to get huge and "own" a significant market but even if it doesn't you have a good solid demonstrated growth stock that is going to beat the street. I think that is what Greg Powers mentioned very eloquently when he spoke of QCOM as a "Value" investment. Funny thing is they seem to be in that exact same position again. They are being questioned as the company that will dominate the world or not. Yet they continue to grow at a tremendous rate. Good luck and invest in the Q. Dan D