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


To: Jim Willie CB who wrote (116951)4/21/2002 3:10:03 PM
From: limtex  Read Replies (1) | Respond to of 152472
 
JW - We've had the slump. This looks still like a bear market and we've sort of got used to waiting for the tunr only to be dissapointed so many times. aybe this wil prove to be it, maybe not. But the economy is recovering.

We've seen MSFT this week talk optmistcally for the first time in months. Thee are simply too many serious economists who are forecastig not only recovery but a very strong one at that.

We are now into the third year of relentless grinding of peoples portfolios. It would be undersandable for many to think this will go on for ever but it wont't.

The period 73 to 82 is not comparable neither are the 30s. This is a new period and distinct from the others. Cap Ex is going to recover. Businesses are simply not going to wither and die, even though after over tow years of misery it might look like it.

You used to be very cheery and optimistic. Yuo shall be again.

Best,

L



To: Jim Willie CB who wrote (116951)4/21/2002 3:46:31 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
with the exception to the slave trade, after the washout they were good investements?



To: Jim Willie CB who wrote (116951)4/21/2002 8:30:28 PM
From: GO*QCOM  Read Replies (1) | Respond to of 152472
 
The recovery has been uniformaly rosy for across the entire economy not only housing and auto sales but now industrial production has joined in.Productivity is very high and has been shaped by technological advances and compressed reaction time.The purchasing managers index jumped from 49.9 percent in January to 54,7 percent in February also the PMI for nonmanufacturing rose sharpley to its highest level in fifteen months.This is the end of inventory cutting and the factories are starting to hum again.Not a day goes by without some new deal being done in wireless.The stage is set for the biggest move in telecommunications yet and the money is moving in from the Europeans.CDMA and QUALCOMM have never looked sweeter then this the eve before the next level escalates.Pessemism abounds and Bears are growing louder then ever about the state of telecom mean while the revoulution is quiet.....for now.