Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dougjn who wrote (11991)	7/3/1998 2:17:00 AM
From: Maurice Winn	Respond to of 152472

"For at least six months, this has been a lousy investment". Not at all Doug, over the last 6 months, you could have done well - Ramsey said ignore my predictions - though they are invariably correct [give or take some guesses on Celestri being the Iridium replacement]. I said sell GSTRF at $72 and buy Qualcomm at $48. You would have done very well. Overall, and on average, Qualcomm has waddled around without an upward permanence for two years. If you go back two years and read this thread, go on, take a look around; Message 158323 you will be staggered that the price is still at the same place when you compare the overall position then for Qualcomm compared with now. I think people are just bored and demoralized. Showing the patience of children. Ramsey worries about Asia, while Qualcomm's revenue is likely to reach Gregg Powers 10 month old goal of $3.7bn revenue despite the intervening Asian worries. It won't reach my $4.314159bn by 30 Sept, though annual sales will be running at that rate [okay, so that was a prediction I got wrong]. Can't argue with the rest of your post. Yes, nothing is certain, but it all looks good to me. All the FUD factors I listed a month ago are intact. You can add plastic cases break. It really is spectacular how much success there has been in two years. With no limit in view. cdma2000 here we come. Mqurice