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

To: ggamer who wrote (84168)	4/3/2009 6:44:28 AM
From: DanD	1 Recommendation Read Replies (1) \| Respond to of 197304

Define success.

To: ggamer who wrote (84168)	4/3/2009 11:11:49 AM
From: Jim Mullens	4 Recommendations Respond to of 197304

Ggamer, re: QCOM should stop the work on all their ventures and put all their efforts on their core business, and >> ( Define Core business) “I do not think I am the right person to answer this.... “ >>>>>>>>>>>>>>>>> 1. Re: “I do not think I am the right person to answer…“ (to define Core business) Seems to me the person proclaiming QCOM should stick to its “core business” should at least know what that is before going out on that limb. gg 2) I agree with Engineer who says >>>> “The world changes and the business plan changes. One does not always know the next business plan or core business.” Extracted from QCOM website “ Who we are” >>>>> “ In July 1985, seven industry veterans came together in the den of Dr. Irwin Jacobs’ San Diego home to discuss an idea. Those visionaries—Franklin Antonio, Adelia Coffman, Andrew Cohen, Klein Gilhousen, Irwin Jacobs, Andrew Viterbi and Harvey White—decided they wanted to build “QUALity COMMunications” and outlined a plan that has evolved into one of the telecommunications industry’s greatest start-up success stories: Qualcomm Incorporated. Qualcomm started out providing contract research and development services, with limited product manufacturing, for the wireless telecommunications market. One of the team’s first goals was to develop a commercial product. This effort resulted in OmniTRACS®. Since its introduction in 1988, OmniTRACS has grown into the largest satellite-based commercial mobile system for the transportation industry today. This early success led the company to take a daring departure from conventional wireless wisdom. Since 1985, Qualcomm’s visionary technology leadership has been carrying the world forward, changing it by improving the way people communicate, work and live. And with that same pioneering spirit, Qualcomm is still innovating, still chipping away at the boundaries of what’s possible, still changing the world, one idea at a time.” qualcomm.com >>>>>>>>>>>>>>>>>>>>> I imagine it’s always easy to sit back and second guess--- Monday morning quarter backing. At times I engage in that also, wondering what the EPS would be without all the R&D / headcount increases over the past several years w/o planning for future / long term growth. However, one cannot question QCOM’s success at “chipping away at the boundaries of what’s possible, still changing the world, one idea at a time”. What was the “core” in the early ‘80’s, OmniTracs or the whole wireless telecommunications market / “ changing the way people communicate, work and live”? Should QCOM have “thrown in the towel “ after OmniTRACS® and not gone on to develop …1 CDMA MSMs / CSMs …2. aGPS …3. OFDMA / LTE / 4G …4. BREW and other apps / services to expand / enhance the wireless tele markets ...5. WCDMA MSMs ...6. QSCs---single chip solutions …7. QSTs ---Scorpion / Snapdragon …8 MDMs--- Gobi …9 Mirasol Displays …10. MediaFLO network / all-in-one mobile TV chipset We have been told that many of these strategic efforts will take several years (4+?) to harvest, and many are now just beginning to bear fruit . Also important in my mind, our visionaries now appear to know when to back off on the throttle, as they are now significantly restricting OPEX growth. One thing for certain--- not all the output from visionaries will be successful. But, on the other hand, one cannot argue with the overall success of the company and its visionaries. Clayton M. Christensen discusses these issues in two of his writings >>>”The Innovator's Dilemma” and “The Innovator's Solution” Heck, I’m not any ware’s smart enough to know the answers to these complex questions / “delemma’s, but this is what some have observed from Christensen’s work which QCOM appears to be following, while others in the wireless telecommunications space have not (Texas Instruments). >>>> “The Innovator's Solution, I think it will prove be the most valuable business book they ever read. Why? Because it will guide and inform their efforts with associates to design, activate, and then maintain "a well-functioning disruptive growth engine." Even then, they must keep it mind that no such mechanism will keep "running and running" forever. Improvisation and adaptability are imperative. Eventually, a new "engine" will be required but at least they will possess the knowledge and experience needed to produce another one. ….. …..among the most important criteria is sufficient prior experience with solving problems comparable with those the new venture seems certain to encounter. “…”

To: ggamer who wrote (84168)	4/3/2009 11:42:09 AM
From: engineer	1 Recommendation Read Replies (1) \| Respond to of 197304

and how good a view of the business do you have? Perhaps the basic vanilla cellphone stuff is flat. Perhaps the Mediacal is the fastest future growth place? Netbooks will be the fastest growth next year, even so much so that the people who put in Fiber are already panicing that the LTE will start swamping hte backhauls. How much stability is there in the total license revenue 10 years out? It is good today, what does it look like 10 years from now? The seeds of change take many years to grow. The snapdragon was done 4 years ago when they were prototyping 65 nm tech. It was done as a one stop shop for the smartphones. but as you see, the smartphones have now morphed into netbooks. Did they see netbooks 4 years ago? Not sure. But this and the dual 1.5Ghz models are going to make a whole new revenue stream. Did you criticize them 4 years ago on Snapdragon R&D costs and "playing around?" BTW at the show, I found 4 people using snapdragon in 12 monthstimeframe and a bunch more using Gobi or outright Selling Gobi (OPtion wireless). Just asking questions......