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


To: arun gera who wrote (114077)2/22/2002 4:26:36 PM
From: sea_biscuit  Read Replies (1) | Respond to of 152472
 
How many US analysts in 1990 predicted that Infosys, an Indian comapny, could have a market cap of $8 billion ...

None. But how many US analysts in April 2000 predicted that the US stock-market has entered a secular bear phase? None again.



To: arun gera who wrote (114077)2/22/2002 4:42:12 PM
From: Stock Farmer  Read Replies (3) | Respond to of 152472
 
I can't even predict what you are going to post to me in reply, so I'm not sure where this is going <ggg>

If the idea is to convince me that we can't see into the future beyond our noses... well then I agree with you completely.

If the idea is that the past is no guarantee of the future, well I agree as well.

So this being true, there are some who forsee that CDMA will take over the wireless world. And thus that the share price of QCOM will give good long term returns.

What would you say to these individuals?

Or does the ability of someone to predict the future vary in direct proportion to what you believe about the future.

Careful.. the logic here is tenuous.