Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (61547)	4/3/2005 5:49:21 PM
From: brian h	Read Replies (1) \| Respond to of 74559

Read my previous post to elamator. Hope you truly understand the impact. This will be my last attempt to show you cdma, gsm, gprs, 2.75G edge, wcdma, umts, 3g, 3.5g. and all ggggg. BH

To: TobagoJack who wrote (61547)	4/3/2005 7:35:54 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

cdg.org <I trust the market, I do not see CDMA making much of a ripple, as yet, and I notice the market says CDMA is worth less than before, now. The chart pattern, especially if put in context, which is everything, just about, is not encouraging.> Scroll down Jay, to the second graph. THAT is the market which matters and defines what will happen in 2010. Of course when you are buying or selling QCOM shares, the market which matters more is the price at the bid and the ask, as you wrote. To say that CDMA is not making much of a ripple, I assume you mean in the share price, but maybe you mean in Hong Kong and compare that to the rest of the world. In share price, dividends and CDMA sales, CDMA has made BIG ripples and big sets are coming ashore now, with tsunamis building in the deep ocean. In the sharemarket, where profits are made and fortunes lost, QCOM does go up and down, and has, as I expected, gone down from $44 after a big surge from $12 [split-adjusted] about 3 years ago. I'm not advocating you buying now while I rant about the amazing world of CDMA, because QCOM will be tied up with short term financial disruptions such as falling housing prices and declining sharemarkets and gyrating currencies as planet-wide repricing takes place. But I am arguing against what you are doing which is throwing the CDMA baby out with the chartist's bath water. With HDSPA surging as it is and W-CDMA network costs now half what they were two years ago, which will enable rapid extension of W-CDMA aka 3GSM also known as UMTS and 3G, QUALCOMM ASIC sales and royalties will surge sooner than I expected. So I hereby withdraw any double your money back guarantees on declining QCOM share price. Some people seem to think that a 3GSM success is not a success for QUALCOMM. They are ignorant. Each 3GSM sale delivers dividends to me via QCOM. I think you didn't draw an exponential line on the second graph and reflect on the meaning of that in terms of QCOM ASIC sales and royalties and profits after the more slowly growing operating costs are subtracted [even while ignoring BREW, Eudora2go, radioOne, OmniTRACS, Iridigm, Globalstar, gpsOne and other stuff]. It costs QUALCOMM nothing for a subscriber device maker to sell another gadget, but they collect an average 5% royalty [give or take a little]. It costs QUALCOMM not much to produce another ASIC to sell to a device maker. Margins are high on those things [QUALCOMM hires third parties to make the ASICs to QCOM designs]. Mqurice