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


To: JMD who wrote (12534)7/17/1998 1:55:00 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I have brought up these same points about Q management relations. I have been lambasted, and told there is no truth to them. Yet I still hear good friends of mine tell me that Q management is difficult. I feel this is why Q stock languishes.



To: JMD who wrote (12534)7/17/1998 2:56:00 PM
From: bananawind  Read Replies (2) | Respond to of 152472
 
Oh Grand Poohbah, think again...

re: ...one of the influential firms locally thinks the Q is arrogant
and harbors almost an active ill will for them. No way can this be good for us...

A short quiz: If you plan to eat hamburgers throughout your life and are not a cattle producer, should you wish for higher or lower prices for beef? Likewise, if you are going to buy a car from time to time but are not an auto manufacturer, should you prefer higher or lower car prices? These questions, of course, answer themselves.

But now for the final exam: If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong.
Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. In effect, they rejoice because prices have risen for
the "hamburgers" they will soon be buying. This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers
should much prefer sinking prices.


-W. Buffett, 1997 Letter to Shareholders

Or another quote that reminds me of you, SurferMike:

I've got a schoolboy heart and a novelist's eye,
stout sailor's legs and a license to fly.
I've got nomad feet and wanderin toes,
that ride up my longboard and hang off the nose.


-J. Buffett, from Schoolboy Heart, Banana Wind album, circa 1996

Have a great weekend. Lots of fun next week.

Jim
J-24 USA 1553
"Banana Wind"




To: JMD who wrote (12534)7/17/1998 3:13:00 PM
From: Greg B.  Read Replies (1) | Respond to of 152472
 
O.T.: Mike,

I locked, loaded, and it exploded on my computer. ;-) Will just have to put it together later.



To: JMD who wrote (12534)7/18/1998 3:32:00 PM
From: DTA  Read Replies (5) | Respond to of 152472
 
All knowing one, Karnak of the thread, a few questions: Since there is a perception that Q management has a communications problem, management must necessarily have a communications problem; anyone know what management is doing/going to do about it? With the 3G battle reaching into congressional subcommittees, is it mere groundling paranoia to worry about generally negative perceptions of management becoming political realities with long term effects? And finally, anyone know what DC govt relations firm is handling this for Q? (Is it director Brent Scowcroft's group?) Thx

DTA