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Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: temco2 who wrote (4617)	1/31/2009 4:01:43 AM
From: Maurice Winn	3 Recommendations Read Replies (1) \| Respond to of 9129

People would rather lose their left arm than lose [permanently] the option of having mobile cyberspace [and cellphone/communications]. As in 1998 with the Asian Contagion when Korea was supposed to fall off the map, sales of CDMA kept right on roaring along. When people are unemployed, they still need their mobile cyberspace to get opportunities. When employed they absolutely have to have it. It's only when they are rich and retired that they can dispense with keeping in touch. So sales of CDMA/OFDM are assured permanently. The hysteria over it all might ease but the solid demand will continue. In depressions, booze, tobacco, food and cyberspace are essentials. Rent is optional [there are always tents or just a forest in summer]. For investors, they can leave their money to be ripped apart by Big Ben diluting the currency until people damn well buy something or do something with it, or they can buy gold, or land or houses or shares. Houses, land, gold have drawbacks. After a year of 0% interest on their money, they'll be looking to invest in something, anything, which gets them some small return. QCOM gives quite a good dividend and growth is the norm [for quarter of a century with no end in sight]. $82 a share is not a big step. The lawsuits are pretty well done. Nokia is in the tent. Neelie's Kroes Klutz Klan will not find much to get a grip on. She'll be more worried about European depression and riots than QCOM selling mobile cyberspace. USA politicians will not be taking kindly to Europeans trying to rob them [by robbing heir cash cows like QCOM]. Barack will tell them to get lost or face some barriers they won't like. Plus $82.82 is a nice number. Mqurice