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


To: verdad who wrote (123493)8/24/2002 9:00:51 AM
From: Wyätt Gwyön  Respond to of 152472
 
great post!



To: verdad who wrote (123493)8/24/2002 12:05:26 PM
From: queuecom  Read Replies (2) | Respond to of 152472
 
verdad: Thank you for your detailed and accurate reply.

I believe ,however, that it focused on my opinion that the Q executive team (it seems to have excluded DrJ). You're right. They acted in their SELF INTEREST. I still believe that DrJ (personally) is driven to make CDMA the the world's wireless interface. As a stockholder that is my PRIMARY interest too.

However, I believe my major point is still valid,i.e., no other telecom executive has a primary interest aligned with Q's. In fact just the opposite.Therefore, it will be years(if ever) that Q generate gorilla growth (305 yearly net increases and a PE of 40-60.

Wish it was otherwise.

PS. Boo to those greedy, unfocused Q execs.

rimary interest too.



To: verdad who wrote (123493)8/24/2002 1:18:40 PM
From: TShirtPrinter  Read Replies (1) | Respond to of 152472
 
Greetings Verdad,

Interesting that you should bring up the Richard Bliss story. That's what caught my eye years ago as I read about that event. At that time I was impressed that QCOM sent a plane to bring him home for X-mas. Since then I've watched the holy war as to whether or not CDMA would ever even be accepted, much less show the future it has today.

One point I do remember over the years is this. As the run up continued, there were times when QCOM management sold stock and it continued to go much higher. There was discussion they had certain windows when they were allowed to sell. They haven't always picked the best times to unload.

Bear in mind I am a screen printer and shopkeeper by trade, and a college drop out, so my memory may not be the best <g>.

Tony