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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (97158)2/25/2008 5:16:04 PM
From: carranza2  Respond to of 206329
 
Thanks for your insights.

If you were to consider buying one or two tech stocks, which ones do you like

QUALCOMM and Sonus Networks (SONS). Have held and profited from both.

QUALCOMM has been dead money thanks to patent and IPR litigation, primarily with Nokia, but there is some hope that the overhang may go away in the next 18-24 months. When it does, it will soar. Healthy finances, growing earnings, stellar engineering, just a great company. Some difficulty with lawsuits and legal staff but turned around, I think.

Sonus has huge promise but has under performed for a variety of reasons. A visionary Kiwi billionaire bought ~ 25% of the company at an average of about 5-6 per share, perhaps more. Since then, it has dropped to the 3s. He seems content to hold. In 5-7 years, could be worth 30-40.

Excellent discussions here:

Subject 34706