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


To: queuecom who wrote (129469)6/2/2003 4:17:38 PM
From: Maurice Winn  Respond to of 152472
 
queuecom, I have a 20:20 crystal ball and it tells me there'll be 2 billion mobile phone users by 2010. That'll be about 1 person in 3. Not many will be in Africa, but China, India and other places will be full of it. Japan has 100 million people of whom only about 10 million use CDMA and CDMA is the means to get fast cyberspace.

While a 50% growth rate seems steep, keep in mind that as John Shannon points out, we have Moore's Law driving the situation and everyone on earth [bar hermits etc] wants to communicate, have knowledge and see what's going on [tvs have been popular for this purpose]. Mobile cyberspace is the way to do it. GSM is as useless as tits on a bull for this purpose. So, as costs plunge, with radioOne and other clever tricks, and power increases with Moore's Law and Metcalfe's Law,http://www.mgt.smsu.edu/mgt487/mgtissue/newstrat/metcalfe.htm 50% per year growth rate seems easy enough. Throw in methanol-powered fuel cells, retina scans and in-the-ear sound delivery and the desirability of mobile cyberspace will be irresistible.

As rumour has it, people overestimate technology effects initially and underestimate them in the long run. Well, the long run is approaching. CDMA has been in the kitchen for 15 years. It's time to serve it fast and hot.

Mqurice