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

To: Ruffian who wrote (22948)	2/15/1999 8:18:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

''It sends a clear message they've gone for technical expertise at the expense of someone seen as being a very powerful management figure, perhaps from the U.S.,'' said Mark Topy, senior industrial analyst with stockbrokers Johnson Taylor. Well, Duh! Powerful Management/Technical Expertise are mutually exclusive descriptors of a single person according to Mark Topy and choosing technical knowhow is going to cost them heaps in terms of lost powerful management! Duh! Grunt! Ummm! Uhhh. L M Ericsson had powerful management and completely missed the oncoming CDMA developments. Shell Oil had powerful management and completely stuffed up their Formula Shell effort. One of the biggest failings of modern humanity is 'powerful management'. If we had less 'powerful management' and more technical expertise, there might be more 'progress'. Qualcomm has technical expertise running the show. Technical analysts would say 'well there you go then!' by way of explanation of the stock price. 'Technical' in the phrase 'technical analysts' is not the same use of the word as in 'technical expertise' as in Qualcomm. Qualcomm also has excellent management running the show. Lo and behold, they are the same people! Telstra has ditched 'powerful management' in favour of 'technical expertise'. Perhaps this is in response to the realisation that Telstra has been sold a bill of goods all these years by the GSM fraternity and now they are being surrounded by cdmaOne and they are going to have to upgrade $$ billions in GSM obsolete junk to cdmaOne and cdma2000. OneTel is an Australian company. A nephew of a friend who I play golf with [*Important announcement = My best round ever the other day was 80!! Mid 80s was best ever before that though I did a round of 82 recently. Okay...I know nobody cares, but I liked it!*] came and played golf with us and he works for OneTel. He told us they are flat out building a network in Sydney - he wasn't sure, but I'm sure it will be cdmaOne as the spectrum was won in the auction last year. So was is Telstra supposed to do? Just go on trying to sell their grotty old GSM system? I think they need some technical expertise and to hell with the powerful management which got them up the creek. I wonder what 'powerful management' means. I know I like intelligent management. I'm not sure about 'powerful'. Mqurice PS: Note to self: Ziggy Switkowski is a nuclear physicist. Check my quarkian patents in relation to upspun gravitons in spin reversal system for gravity cancellation....looks as though Telstra is trying to mooch in on the area. Mike = no encrypted Eudoracoin [TM] received yet. Encrypted cyberstocks on hold! [Also, Ziggy is a suspicious name. Not only that, maybe previously a commie spy from Eastern Europe].