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

To: DWB who wrote (103449)	8/30/2001 4:17:32 PM
From: pcstel	Read Replies (1) \| Respond to of 152472

DWB: So what's the historical GAAP P/E for IDCC these days? Looks like they're spiraling into the porcelain black hole at the moment... I haven't a clue, and haven't looked at their equity prices for a few weeks.. Holding IDCC was free call option in my mind.. And my position was based on the fact that Nokia had not signed a 3G License with Qualcomm.. I bought it @ $9 and sold it @ $12 on the Day Nokia signed a license agreement with Q.. (I told several people of my exit strategy,, Mightylakers, and Maurice.. and I believe I PMed Maurice on the Day of the agreement and told him of my moves).... So, a gain of 30% was not too bad given current market conditions.. I simply played the risk/reward that IDCC provided.. The moment I heard about the NOK agreement.. I sold IDCC.. But, I'll keep the 30%. Sorry, If I am not into religious investing!! PCSTEL