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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Peter Sherman who wrote (66032)	7/10/2007 10:31:45 PM
From: JohnG	Respond to of 197214

I am pleased that QCOM has reengineered its ASICS for both CDMA and WCDMA to produce inexpensive solutions in both cases that can be used to produce low price phones for India, China and other developing economies. QCOM very badly needed this segment of the market in order to support its OEMS and the very same operators that will be buying an increasing fraction of the higher end phones as those economies bloom. It is these very same inexpensive phones that will help these countries organize their economies in such a way that they increase their GDP's at 10%+ annual rates. I still think that I Jacobs is a GREAT Humanitarian that han put an indellible positive mark on the upward evonomic progress of the world. In the end we can all be helped by these peoples as they strive to better themselves --- that is assuming that we work out better high tech energy solutions and prevent some maniac Moslem theologan from gleefully ushering in a doomsday scenerio. I think QCOM had the intent to address this obvious need, but was almost overtaken by events before it could do a ZERO based ground up ASIC redesign with CHEAP as an overriding goal. India brought them back to earth and they put their shoulder to the wheel successfully one more time --even th the extent of LG winning that "WCDMA for all award." Now we see QCOM developing a small simplified sub-$250 bank computer (based on snapdragon)for India. This surely supports someone in India with the vision of getting microloans down the the industrious local people in hunderds of thousands of small villages. It gives me a warm feeling as a shareholder to be a very small part of these truly world changing efforts. QCOM is doing some "Right Things" and I think, with the founder and his family still involved, doing them for some of the right reasons. I am sure Sonja must get some special satisfaction from seing QCOM play a part in helping India surge forward. I just wish that QCOM could shake this assault by Broadcom and the Euronuts. I don't think there is a shread of fairplay or idealism left in the average Euroserf's heart. Thousands of years of saying "yess sir" to some overloard has destroyed part of the human spirit we in the US take for granted. They are flawed -- yet they are our closest kin on this planet and we need them--flawed or not.