Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JGoren who wrote (118733)	5/13/2002 1:17:37 PM
From: Mark Fleming	Respond to of 152472

2. There are real questions about the viability of the 3G business model. Even in Japan -- technology's "early-adapter" -- 3G introduction is pretty much a BUST. It's a land with 58 million cell phones, but the 3G rollout hasn't even hit 100,000 units yet. Why? First, the technology sucks batteries dry. So you pop a fresh one in -- but you know what? There's really little worthwhile to do with the stupid phone! Right! Maybe he should take a look at KDDI. 4. And you know what people really want in the U.S.? Forget 3G -- they just want the stupid cell phone to work. No static. No dropped calls. No dead zones. And the phone companies can't even get that right. First of all, he's wrong. People do want data, E911, etc. BUT, as for his main point, better voice, that's what CDMA will do for users. 5. Which brings me to the fact that no one -- NO ONE -- has done anything to prove that consumers really want a bunch of fancy new services on their cell phones. Again, KDDI. And, Korea. Tobin Smith suffers from lack of facts AND imagination.

To: JGoren who wrote (118733)	5/13/2002 1:20:58 PM
From: Mike Torrence	Read Replies (1) \| Respond to of 152472

This is the guy who on Fox's Bulls and Bears (Sat.AM)a few weeks ago announced he was shorting the Q. The price was 35. Just sent Fox an e-mail. I'm sure I'll be hearing back from them soon. <g>

To: JGoren who wrote (118733)	5/13/2002 8:44:14 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Re : the ChangeBrains (with a hermaphroditic earthworm (?)) Investing bulletin -- Thanks, JGoren (for posting it). The ChangeBrains junk mail mailing list is one that I seem to have (luckily) avoided being on. I have bookmarked your post, so I can easily refer to it later. Jon.

To: JGoren who wrote (118733)	5/14/2002 2:22:51 AM
From: CRay33	Read Replies (1) \| Respond to of 152472

Here is a classic from Tobin Smith - February 23, 2001 ChangeWave investing with Tobin Smith Joe Dancy, co-editor of the IFC and manager of the LSGI Technology Venture Fund, provides the following interview with Tobin Smith, manager of the ChangeWave Fund (CWFQX). AudioInvestor.com provides an audio version of the interview. Click here if you would prefer to listen to the interview. Below is the write-up. Tobin Smith, manager of the ChangeWave Fund (CWFQX), focuses on transformational change in the economy that produces opportunities for investors. The common thread of his strategy is to try to take advantage of the changes in the economy that increase productivity and efficiency. Surfing the investment waves. . . "Wave Investing," Toby's brainchild, is an aggressive investing strategy designed specifically to uncover stocks with exponential growth potential. When a rapidly growing economic or strategic transition starts to gain momentum, that's the beginning of a "ChangeWave." Companies in the ChangeWave are in a perfect position to ride these waves to impressive levels of stock appreciation. Toby notes that one thing an investor must be aware of is where we are in the business cycle, since that will indicate which sectors present value to investors and where the growth will be generated in the future. Toby noted that retail investor sentiment was very low in late December, creating a great point to enter the market, but also stated that many stocks have had significant run-ups since then. Because of the current problems in the telecommunications sector, the ChangeWave Fund has no companies in that area, but Toby notes that some investors have been under the mistaken impression that his fund is a telecommunications fund. One common theme of his fund is that it will attempt to capitalize on the growing market for information and data, and the generation, storage, use and transmission of that data. Toby likes the energy sector. . . One sector at the beginning of the information food chain is the energy and electrical sector, whose products are used to power the electronic devices, communications and Internet connections. In this sector, Toby likes Enron (ENE $72.15), which is below $70 a share. Sales for the fiscal year ended December 31, 2000, rose more than 100 percent from $40.1 billion to $100.8 billion. He also likes Calpine, (CPN $43.72) which is below $40 a share. Calpine is engaged in the acquisition, development, ownership and operation of power generation facilities and the sale of electricity and its by-product, thermal energy, primarily in the form of steam. For the fiscal year just ended, revenues increased more than 100 percent, totaling $2.2 billion, up from $847.7 million. _______________________________________- So where is the Changewave Fund? With picks like Enron....