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

To: qinvestor who wrote (78309)	7/4/2008 6:52:12 PM
From: engineer	Read Replies (1) \| Respond to of 197016

the days of having a clear field to start with is well over. NEVER GOING TO HAPPEN AGAIN. So if you have a $8B company then your toast because you can't make a new business over $1B? that is just plain stupid thinking. If I had a company which could keep making profitable divisions which brought in PROFITS, no matter how small the revenue is, I would welcome it. If you can align them into divisions, and get a return, why would you want it to be $8B of business. that is way too simple to comprehend. All I would request from each one is for a minimum operating margin, not total absolute dollars. In fact your exact thinking is why IBM is such a dismal company right now. Eveyrone wants ONLY the home run. No outside the box thinking is allowed. so you drivel on with initiatives that are supposed to bring in $B's and they fail. The one and only time that IBM went out of the box, they created a $100B+ industry, but then the big thinkers (like you) said no real business there, and gave it away to ......Microsoft, Gateway, Dell, Apple, etc.... Now did IBM have a bad idea? (Read up on the real story behind Boca Raton Project, or if you had the backroom experience like I did, you would talk to the guys who did it and why they got nuked when they brought it back home.) In a high tech company it is RARE to have a $1B home run hitter. Most silicon valley firms are lucky if they EVER break $100M. How many real companies are started up there each year and how many do not get over $20M in revenue before they are bought, merged, or shut down? Part of my reason for not getting along with Suplizio was that I was an out of the box thinker and he was a closed minded fininace type like you. Even Harvey White told me in 1991 that there would be no real money in teh ASIc division. So you want to go hire more free thinking finiance types like that? your confused. If there were an argument to give each of these divisions a break out on their own and make them earn profitability like any other startup, then I would agree with you. the fact that they have a $8B cash backup is the real problem. I like the way some companies do spinoffs with intiial funds and then offer to buy them back after a few years. Tektronics is great at that. they let people porpose a new spinoff, then fund it with some money, then have first right of absorbtion after 3-5 years. If the company does not do well, then it is shut down, as tektroinics is the largest shareholder and on the boards. That is more along the right lines, but Paul is creating the businesses. Sanjay is pushing new ideas on chipsets, but Paul is behind the deals.