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


To: engineer who wrote (85366)11/1/2000 10:41:16 AM
From: Jacob Snyder  Read Replies (1) | Respond to of 152472
 
re: bullshit:

If my opinion is bullshit, it's bullshit that seems to be the market consensus. A quick glance at the stock chart will confirm this.

Low-earth orbit satellite networks were a GreatIdea. A lot of very successfull, very smart people (at Qualcomm, Motorola, Loral, etc.) liked the idea, and invested billions in it. That turned the GreatIdea into Great Technology. But, by the time the GreatIdea had become a product, an alternative was already in place, and had captured the market. End of story.