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

To: Art Bechhoefer who wrote (26347)	4/7/1999 9:10:00 AM
From: MileHigh	Respond to of 152472

Unless they all use Windows exclusively! Remember, INTC does not invest in software companies for the primary reason of making money on those investments, it invests so that it can sell more chips via a backdoor approach of quicker development of programs that demand higher speed chips.... MileHigh

To: Art Bechhoefer who wrote (26347)	4/7/1999 9:25:00 AM
From: Allan Harris	Read Replies (1) \| Respond to of 152472

Taken together, these factors don't enhance one's view of the quality of management My view of the quality of Microsoft's management can be summarized by a simple reference to my price basis my MSFT shares: $4.75 A

To: Art Bechhoefer who wrote (26347)	4/7/1999 10:18:00 AM
From: Bux	Read Replies (3) \| Respond to of 152472

Art, the road is littered with people who tried to short MSFT and lost. I've had my doubts about the company over the years but I'm glad I didn't listen to them, MSFT has returned over 100 fold over the last 10 years. It's a track record that's hard to argue with. I expect the Q to multiply my initial investment about 20x over a five year period. If it does more, great, it would be the ultimate demonstration of management's ability. My average cost in the Q has already appreciated nearly 3x. It needs to double less than three more times to reach my expectation of 20x gain. It is a extremely rare trader that can consistently produce these kinds of gains by buying low and selling high. That is why I quietly smile to myself when people come in here wondering if now is a good time to sell. Bux

To: Art Bechhoefer who wrote (26347)	4/7/1999 6:03:00 PM
From: EepOpp	Respond to of 152472

*OT*** we can use management like these anytime. _____________________________________________________________________ nypostonline.com UN-DOW-TEDLY, THE RICH JUST GOT RICHER By BETH PISKORA -------------------------------------------------------------------------------- You think you're happy about Dow 10,000? Bill Gates is even happier. In the time it took for the Dow to rise from its first 9,000 close to yesterday's first 10,000-plus close - 51 weeks, or 241 trading days - Bill Gates' fortune grew from $61 billion to $92 billion. That's a staggering $128 million in added wealth every trading day. And Gates wasn't the only one. The world's richest people, many of whom keep most of their net worth locked up in the stock of the firms they run, enjoyed the market's bull run as few, if any, have. Billions and billions of dollars of new wealth have entered the pockets of Warren Buffett, the nation's second-richest man, after Gates, and technology gurus like Michael Dell and Larry Ellison. Of course, for most of these men - and yes, this is a dominantly male club - the increase in net worth is on paper only. They would have to cash out large stakes of stock in order for them to actually fatten their wallets. Still, there's no questionning that the ongoing bull market run is helping the rich get richer. In fact, in the run from Dow 9,000 to Dow 10,000, two brand new billionaires were anointed. Yahoo! founder Jerry Yang was worth a mere $635 million last April. But with the awe-inspiring run-up of Yahoo's stock, Yang, who owns 13 percent of the shares, has watched his net worth soar to $4.52 billion. That's "only" $16 million in added wealth per trading day. The second new billionaire also comes from the Internet world. He is America Online's Steve Case, whose net worth increased from $309 million to $2.13 billion as the Dow climbed to 10,000. Many of these men also hold stock options, in addition to outright equity stakes, making their net worth even higher - as long as the market continues to climb. "I'm sure every CEO is checking his equity holdings on a day like this when the Dow breaks through 10,000," said David Leach, executive vice president of Compensation Resource Group Inc. "It's definitely a scorecard day. Even the wife is calling up and asking how the stock is doing." Well, when Charles Schwab's wife Helen calls, he'll have good news to report. Yesterday, his 20 percent stake in the discount broker that shares his name became worth $3.85 billion, up from $2.12 billion last April. Other Wall Street titans who've watched their net worth grow by leaps and bounds include Amazon.com's Jeff Bezos, whose 48 percent stake in the online book retailer is now worth $11.37 billion, up from $1.12 billion last April; and AIG's Maurice Greenberg, whose 20 percent stake in the insurance giant is now worth $24.92 billion, up from $17.8 billion at Dow 9,000. Of course a drop back to 9,000 could mean billions flying out the window. But that's a worry for another day. New York Post®, nypostonline.com™, nypost.com™ and Newyorkpost.com™ are registered trademarks of NYP Holdings, Inc. Copyright 1999 NYP Holdings, Inc. All rights reserved.