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

To: P2V who wrote (20541)	12/30/1998 9:28:00 AM
From: Sawtooth	Read Replies (2) \| Respond to of 152472

<<However, his (Tero's) focus on handsets as a clear indicator of the investing public's perception of the worth of Nokia, Q, and Ericy is without an equal. IE -- If we had really listened to him, we would all be much richer today.>> Hi, Mardy. Your post sums up, to a certain extent, some of the feedback from several PM discussions I've had with certain folks who mostly choose to lurk this thread, as well as my own occasional thought on it. Specifically, what this thread hears and, by extension, the investing public likely hears, is laborious and frequently cryptic (to the layman, which comprises most of the general investing public) discussion about patents, standards, and technical specifications for wireless communications. But not much discussion on why Qcom is a good investment relative to it's competitors. So, they (general investing public) generate a chart and do a several year share price appreciation comparison (let's see; if I'd put $25,000 in Qcom, Noka, Lu, Cabbage Patch Dolls, Emus, or Dutch Tulip bulbs, how would I have made out?). Whammo! That's the clincher. Qcom, great company, great management, great future; but the stock's within cents of where it was years ago. Case closed; decision made for many (right or wrong depending on one's personal perspective). Is it really reasonable that only we are capable of understanding the (hopefully) rich rewards of being shareholders in Qcom? And while we get the self gratification of calling them fools for not having the foresight to see what our investment will turn into in the future, they keep counting their capital gains. After all, isn't that why most people invest; to make a reasonable return on their capital? Which leads to the subject of diversification ... . Regards. Happy New Year to you, too. ; ) Regards.