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To: Giordano Bruno who wrote (179584)7/13/2002 3:07:41 PM
From: Art Bechhoefer  Respond to of 436258
 
>>it is a beautifully run company with great products that are going to grow into the future, and its earnings are leveraged enough so, though its price/earnings multiple looks high today, it can turn around very quickly. You have to look for companies that are in industries that have abnormally high growth that will help them offset the recession/depression I see coming<<

Except for the debt held by Texas Instuments, he could have been talking about QCOM.

Art