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

To: kech who wrote (92279)	6/8/2010 9:42:05 PM
From: kech	1 Recommendation Read Replies (2) \| Respond to of 196610

minute 14:30 of Davidson's talk also makes a fairly good case for how MediaFlo is waiting in the wings for whenever service providers are data constrained from the use of video on cell phones.

To: kech who wrote (92279)	6/9/2010 5:25:25 AM
From: somerlondon	1 Recommendation Read Replies (2) \| Respond to of 196610

Deep thoughts by.... I completely agree that 3G networks will have to stick around for along time. Operators will have to be backward compatible until they can eventually force everyone to upgrade to 4G, which will take many, many years (just like they did from analog to digital) and are still doing from 2G to 3G. Keep in mind that 4G networks will also take many years to be fully built out as well. Also, just as the basic cell phone has transformed from a device that can make calls into a device that could text, then take pictures, then surf the web (via wap), push email, to ultimately becoming smart phones with html browsers and always on internet, we will eventually see the basic phone become a smart phone in some capacity. In a few years the old phone keypad will be a relic along with the rotary phone... As you may be able to tell, I'm a big proponent of all things mobile...ever since I experimented in 1997 by ditching my landline for mobile only because all my messages at home were "oh you're not home, I'll try your cell". It was then I realized that it was silly to have two phone numbers when I could just have one that could follow me everywhere... As more people get used to always being connected via email and social media, all things will be mobile. Let's face it, once people get used to googling everything they need and are connected via facebook, etc, there's no going back. QCOM is in a great position via IPR/royalties and ASIC design! Of course there is always competition and pricing pressure, but the total addressable market will continue to grow significantly over the next decade. QCOM needs to focus on core competency and also invest in ways to generate new revenue (mirasol, flo, etc) - obviously not all (maybe very few) will be winners. The pending iPad and IPhone to Verizon and additional carriers will give a nice boost to Q from a PR (and earnings) standpoint, when they ultimately happen. My guess is iPad on Verizon and other carriers this fall and iPhone to Verizon and other carriers late 2010 or early 2011, which coincides with AT&T's early upgrade program. I'm looking at the global market weakness as a good opportunity to pick up more QCOM at a low multiple (yes I know there is currently correspondingly anemic growth) and of course the 2+% dividend is better than cash and short term treasuries right now. Thoughts??? Anyone else???