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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (52737)	8/27/2004 5:56:47 PM
From: Maurice Winn	Respond to of 74559

Kyros, if I hadn't thought of the idea of encoding a bunch of signals and sending them through the aether to be decoded at a handset using smart Fourier transforms stuff, I wouldn't have thought twice when meeting a bright young guy at a social function in San Diego who told me he was working for a cellphone company [QUALCOMM in August 1991]. <So, you think your QCOM success was because you knew a lot about CDMA and QCOM? > I would have said, "Oh, that's nice and tell me more about your Dad's new electric car", which he'd bought and I thought was a waste of money as he could buy two brand new fuel efficient low emission cars for the same price, drive one out and find some young guy in a smoky old heap, ask him to swap cars, drive home in the young guy's car, call the scrap collectors [after drilling holes in the car and engine so the scrap dealer didn't put the car right back on the road] and drive his other new car. The young guy would think he'd hit the jackpot, total emissions would be reduced, he could feel benevolent and environmental and the wrecker would get some scrap and the car people would sell two cars instead of one. So, yes, it was totally because I knew a "lot" about CDMA and QCOM. Plus, of course, there's always luck as things might not have gone right, due to known unknowns, unknown unknowns, complete surprises and things going wrong. I didn't throw a dart into the stock listings in the Wall Street Journal [which is a stupid, dishonest newspaper which nobody should buy - see Great Globalstar Memorial Day Massacre for why]. Mqurice

To: KyrosL who wrote (52737)	8/27/2004 11:59:03 PM
From: LLCF	Respond to of 74559

You don't know the Mq story?? A good friend of mine helped fill me in on the story before the stock exploded and one of the people to bookmark at the time was Mq... hard to believe he's so clueless about so many other things like the impending market/economic meltdown, wheelbarrows of dollars for a loaf of bread implying thousands for an oz of gold and even the bright side: One years output of wonderbread to pay off the entire national debt! -ggg- dAK