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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Gregg Powers who wrote (9895)	4/17/1998 10:11:00 AM
From: bananawind	Respond to of 152472

Gregg, Now there's a rant! Bravo. -JLF

To: Gregg Powers who wrote (9895)	4/17/1998 10:43:00 AM
From: DaveMG	Read Replies (2) \| Respond to of 152472

Gregg, Just wanted to say how privileged I think we are to have you on the thread and to once again take advantage of your insight. I'm having hard time understanding what the overall implications of G* will be for Q. Obviously, if G* lives up to its' promises it will give tremendous prestige and credibility to QCOM and CDMA.Will this enhanced credibility make Q more attractive as a large scale infrastructure supplier? On top of that there will of course be Q handsets, royalties from others handsets,and hopefully revenue from beneficial ownership of approx 7% As far as I can tell infrastructure, i.e. gateway revenue will be limited to a total of around 700mil, about half of which has already been received, the rest I assume will come over the next year or so.What else is there? I believe WLL systems will only rarely require G* linkage , or am I mistaken about this because of data delivery or for some other reason?...Do you think margins on G* phones will be higher than on others because of decreased competition or will the price have to fall to enhance the systems appeal. It's my understanding that Omnitracs will use G. Will this help Otracs margins? H.White has stated that he has been in talks with an important forward looking auto manufacturer re CDMA.This sounds like it has the potential to be enormous for Q, CDMA as the air interface of choice for all onboard communications. Is G important for this as well. The reason I'm asking all these questions is that Q doesn't seem to be trading much on G, unlike Lor,so I'm wondering if rev potential is limited or simply underappreciated. Also, btw, are you guys also holders of G and/or LOR..........Thanks again....Dave

To: Gregg Powers who wrote (9895)	4/17/1998 5:02:00 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 152472

Gregg, Great expository expansion of my pithy: Japan/Korea okay, no sweat. cdma rulz ok Qualcomm shareholders get rich. [See Ramsey, what'd I tell you 6 months ago about Asia, what everyone in the West would think and how it would end up. Bullseye eh! Dougjn has jumped in to Qualcomm and the great fear of Asia in 1997/98 is dwindling.] But I really have to differ with you on Paradigm Shift. While I don't like jargon, I do think there has been a fundamental change, which is only beginning, in humans. The Web being one of the more apparent paradigm shifts which is incontrovertible. It is also special in that unlike birth control pills and those other NextWave accoutrements of modern life, the Web is suspiciously like an invasion a la "War of the Worlds". But it has arrived from within. Spooky. Don't you think there has been a paradigm shift? In nearly everything. At the beginning of the century, human life was largely reminiscent of life two thousand years ago. Though cities were bigger, the industrial revolution was well underway replacing muscle with steam engines and gizmoes and internationalism was a well developed concept. Now, there is a vast cdma-like integration of people into a common flux where each remains distinct, but is encoded into the whole. With a huge panoply of modern electronics replacing the brain with the Web. Who needs memory now? Or books? Click on a bookmark for instant recall of mountains of information. And Qualcomm is in the vanguard. Go Qualcomm! Mqurice Paradigm Shift Rulz OK! Dow 16000 Feb 2002

To: Gregg Powers who wrote (9895)	4/17/1998 6:01:00 PM
From: JMD	Read Replies (1) \| Respond to of 152472

Gregg, always a sucker for history myself--your post provides meaningful perspective. Further support for the "Japan is not slipping under the waves" thesis from today's WSJ editorial page: "Why Japan is Undervalued" by James Grant (Grant's Interest Rate Observer). He makes a good case for a contrarian play on Japan--good reading. Regards, Mike Doyle

To: Gregg Powers who wrote (9895)	4/17/1998 9:16:00 PM
From: DWB	Read Replies (1) \| Respond to of 152472

Gregg That's who it was! I saw Ravi the other day and just didn't realize it until now...! He still looked depressed, and that little hat they make you wear when you work the register just didn't fit right. Plus, when he handed me my order, he gave me a regular burrito instead of a supreme and the bag had a note with a hand scribbled message ("I missed a digit! It's '99! This time I can't be wrong!"), so I had the manager verbally abuse him in front of the refried beans.... Thanks for the laugh... ;-) DWB

To: Gregg Powers who wrote (9895)	4/17/1998 11:24:00 PM
From: The Prophet	Respond to of 152472

Actually, Gregg, Japan's ailment is called "demographics." When the history of the second half of the 20th century is written, it will be told that the demographic implications of World War II had a profound impact on the world economies. The huge waves of relieved US soldiers and their family produced progeny that later led to the crowding of universities, the civil rights movement, the housing boom and bust, and the stock market rise. The evidence is unmistakable that the current stock market runup is being fueled by a disequilibrium in stock supply/demand created by baby boomers saving for retirement, combined with baby boomers reaching their peak years of productivity in droves. Japan, on the other hand, as the vanquished nation, did not have a baby boom immediately post-war, and is now suffering with an aging population. But this will change. Commencing some time between 2007 and 2020, these trends will run in reverse and we will be wondering what we're doing wrong here, as the stock market begins to feel the pain and the U.S., possibly, plunges into a deep recession. An excellent analysis of the significance of these demographics can be gleaned from the brilliant and insightful Charles Morris in the book, "The Coming Global Boom", written in 1990. Unfortunately for Mr. Morris, his book was about 3 years too early, and was released as the country was plunging into recession. I generally don't tell anyone about the book because I have this fantasy that I can be the only person to understand what's happening, but I believe it to be the most prescient and accurate explanation of real-life modern macroeconomics that I have ever read. Best of luck with QCOM - I'm a big believer (and small shareholder) too. The Prophet