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


To: Jeff Vayda who wrote (119008)5/20/2002 11:51:37 AM
From: Stock Farmer  Respond to of 152472
 
Jeff - That's quite a cynical view ;)

But if you think like an owner, at least if you get fleeced then it's 'cause the business didn't turn out as you expected. Who'd a thunk it, there aren't many people who want pay $3000 to get phones that work in the Gobi desert after all.

Not the same way as getting fleeced by buying a share of Qualcomm at $170 and watching it tumble in value even though the business is pretty much unfolding as expected. Yes, CDMA is gradually taking over the planet. Only it's worth as much as it ever was and that's somewhere way south of $150 billion if you ask me.

John.