To: Mike Buckley who wrote (47025 ) 9/25/2001 12:00:52 AM From: techreports Read Replies (1) | Respond to It was refreshing to watch Peter Lynch on television today. He was fielding questions from the audience, e-mails, and people on the street who were talking to roving reporters. The refreshing aspect was Lynch's recommendation that everyone think in terms of 10, 20 and 20 years for their investments, that they look closely at the balance sheets of the companies they invest in, and that they thoroughly understand the company's business before investing. He advised everyone to write on a piece of paper three specific reasons for buying a stock and that the expectation that the stock would go up is not an allowable reason. He said that the best reason to sell a stock is because at least one of the three original reasons to own it no longer exists. 1) according to the management & articles i've read, they hold many important patents on the IPG (a number that is growing) I'm assuming that no one can get around GMST's patents 2) Eventually (2005/06) a majority of households (in the U.S. but more importantly world-wide) will use the IPG to channel surf 3) Gemstar will generate millions from commerce, advertising, and licensing fees1) Holds many CDMA patents (has over 630 issued and 1,164 pending) 2) As the wireless world moves to 3G, Qualcomm's technology and patents will be used by most of the wireless world. 3) Can't really think of a third one, but another important issue is whether CDMA2000 or WCDMA is more popular 5 years from now. This could effect how much market share their ASIC business has. Also cell phone sales growth is important as well.1) CRM offers companies the ability to decrease costs related to acquiring new customers. Companies use CRM to get a step ahead of the competition 2) Siebel is the leader in CRM & has the barriers to keep it that away 3) CRM is a relatively young market with lots of growth left..
