Technology Stocks | The New QUALCOMM - Coming Into Buy Range


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To: golfinvestor who wrote (5336)7/30/2009 5:50:15 PM
From: Art Bechhoefer1 Recommendation   of 8618
 
The risk of a short term trade is much less than for a long term trade. If you buy and hold, expecting to take profits in, say, five years, you have not only the risk inherent in the company (debt, earnings or losses, change in demand for products or services, etc.) but a risk from inflation, which could erode the value of the investment, even if earnings improve.

If the SEC functions that way it did for several years during the period when deregulation was in vogue, then there will be continuing abuses, most of which are hardest on individual investors and give large institutional investors an advantage. In other words, large investors' risks are reduced, while smaller investors assume a higher risk for the same return. That means the expected value of an investment for a small investor will generally be less than for a large investor.

The only way to stop abuses of the free market system is through enforcing laws designed to prevent market abuses. So why not pay at least in part for enforcement out of a tax on short term trades?

For some people, trading in and out of a security, often in just a matter of hours, is just a form of gaming the system. They really aren't interested in the company as an investment but simply in momentary profits from market momentum. In itself, this is not objectionable, but when the trades take place sooner than the average investor can place buy and sell orders, or on the basis of information not readily available to the public, the average investor suffers, either in less profit or greater risk. I've been investing actively for 58 years and have seen these kinds of things time and time again.

Art

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To: golfinvestor who wrote (5349)7/30/2009 6:11:55 PM
From: Art Bechhoefer4 Recommendations   of 8618
 
Both Warren Buffett and Bill Gates Senior believe the estate tax is a reasonable payment for the privilege of making money. Because of the quality of our government (and I use the word quality advisedly because it appears to be deteriorating, particularly at state and local levels), we have more opportunities to make money than people in most other nations. Furthermore, our total tax load is not high when compared with that in many other industrialized countries.

The estate tax does not affect 97 percent of the population, and those whose fortunes meet the threshold for the tax, as you note, have already found ways of giving their money away to charities, grandchildren trusts, etc., to avoid the tax.

By the way, there are actually TWO estate taxes, one on the total value of the assets above a certain amount (I believe it's currently around 3 or 4 milllion), and the other on estate income. Do you think estate INCOME should also be untaxed?

Government has two essential roles – to provide essential services, including defense, infrastructure, and social needs, and to raise revenue sufficient to fund those services. And it has been shown time after time that the delivery of many of those services, especially defense, health, and education, is more efficient in the public than in the private sector. You disagree? Think about all the contract services being done by the private sector in Iraq. Think about the administrative costs for veterans health care, which are far lower than for civilians receiving the same quality of care. You don't like subsidies? Neither do I. But as long as subsidies support interests such as oil and gas and farming, the government is also compelled to compensate those affected accordingly, and they do.

Relating all this to QCOM, isn't it interesting that TV stations get their spectrum free, but firms like QCOM have to pay for spectrum used for . . . TV transmissions? And yes, if we didn't have all those special interest subsidies, we could pay for the government with a flat tax with probably a maximum rate of 25%. But it would never see the light of day in Congress. Campaign finance reform, anyone?

Art

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To: Art Bechhoefer who wrote (5350)7/30/2009 6:16:31 PM
From: henry82 Recommendations   of 8618
 
One of the worst abuses was Naked Short Selling which just recently was restricted. Naked Short Selling is really just a euphemism for stealing.

It's sad how people are tricked and manipulated by sharp operators in the financial markets and then run unwittingly to defend these very same people from government oversight. But then it's probably because they all share the same value system, which is having no values at all, short of not wanting to go to jail. For them, as Shakespeare said, "Fair is foul, and foul is fair."

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To: Art Bechhoefer who wrote (5351)7/30/2009 6:34:31 PM
From: golfinvestor7 Recommendations   of 8618
 
When I'm worth billions, taking half of it away might not be that big of deal. When you take it from families that are worth say $5-25 million it can make a difference. The people with family businesses would tell you they are against the Estate tax since they would have to sell their business to pay the tax. Is that fair?

How about we tax Estates over $100M. Why not put a 10% surtax on them while they are living to pay for health care while we are at it. The point is taxing and Govt spending is completely out of control.

Personally, I don't give a rats ass what Buffet and Gates think about the Estate tax. They both must have forgotten they got rich under Capitalism. Turning Socialist when your a Multi Billionaire maybe eases the guilt they have for having to much. All I know is I want to decide where the millions I made on QCOM go when I live this Earth instead of handing it over to the Govt to waste on social spending or what ever their pet project is at the time.

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To: Art Bechhoefer who wrote (5351)7/30/2009 7:14:24 PM
From: henry82 Recommendations   of 8618
 
I personally support an estate tax because it prevents the concentration of wealth in a few families. Already 20% to 30% of the country's wealth is concentrated in the top 1% of the population. If the US allowed this percentage to increase, we would be faced with an almost feudal society. It has to be remembered that without an estate tax, the net worth of a family would be able to theoretically compound for an extended amount of time without having to pay taxes. For example, if the family held stock and never sold, the value of that stock could compound beyond the lifespan of the original investor.

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To: henry8 who wrote (5354)7/30/2009 9:30:02 PM
From: Paul V.1 Recommendation   of 8618
 
henry8 and threaders, I personally support an estate tax because it prevents the concentration of wealth in a few families. Already 20% to 30% of the country's wealth is concentrated in the top 1% of the population.

But, a family limited partnership enables the wealthy to get around the estate (death) tax by passing it on to other members of the partnership (family members) on death of the general partner to the other members of the family limited partnership at the appreciated market value.

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To: Paul V. who wrote (5355)7/30/2009 10:20:38 PM
From: henry8   of 8618
 
Interesting. I hadn't heard of this before. The Walton family of Wal-Mart apparently has used this. Maybe Congress should take a look at this (and hedge fund manager's 15% tax bracket while they're at it).

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From: quartersawyer7/31/2009 6:54:38 AM
   of 8618
 
If he's American, maybe this Mirasol guy will be successful enough to need to hire one of the many many lawyers or financial entities competent in playing the game in the inheritance tax avoidance industry, which is, of course, the most quiet and most effective lobby for keeping it game-y. (See the tables for 2001-2012 rates according with the 2001 Tax Act) But it's very competitive, and they're not all that expensive, really.


Requisition # N1837416
Job Title Senior Director, Sales and Marketing
Post Date 7/30/2009
Division QMT
Job Area Sales
Location Taiwan - Hsinchu
Job Description This position is accountable for developing mirasol display markets and realizing QMT (QMD) display module shipment revenue. The incumbent is responsible for the sales and applications engineering, the commercialization of new mirasol products, managing the mirasol product portfolios and account management functions. This position reports to the VP of QMD. Specific job responsibilities include:
. Develop markets for mirasol display products that take advantage of mirasol value propositions to generate sales growth
. Manage the commercialization of the new mirasol products to realize the shipment goals in the QMD fiscal plans
. Manage the sales and applications engineering team to accelerate adoption of mirasol displays and their value propositions in the market
. Develop and manage mirasol product portfolios for QMD customers, key accounts and distributors for sustainable and profitable growth
. Lead and manage new projects and product opportunities to pass Concept Phase of Product Life Cycle Model (LCM)
. Secure customer purchase orders and provide sales plans to Order Fulfillment and Operations for continuous manufacturing and ramp up of mirasol products to meet customer requirements
. Negotiate and reach sales agreements with our customers that are protecting the legal and financial interests of QC and QMT
. Provide sales forecast for financial planning and budgeting
. Work with Finance to manage the account receivables from our customers
. Manage product end of life (EOL) with customers and Order Fulfillment / Operations
. Work with QMT Business Development to transition developing strategic accounts (e.g. top tier handset, e-book and netbook makers) to high volume customer accounts to grow QMD module business
Skills/Experience . Proven track record in growing sales revenue from ground zero
. Demonstrated success in managing key accounts with a spectrum of companies including global top tier companies in their respective product markets
. Excellent ability to influence and manage the expectation of customers to match display module performance
. Ability to manage deadlines, identify risks and provide risk reduction solutions
. Business acumen with good appreciation of product technology and its value propositions
. Excellent communication, analytical and organizational skills
. Strong leadership and interpersonal skills
. Ability to make decisions, execute tasks to completion, has attention to critical details, and strong follow-up skills
. Demonstrated ability to influence and change the way people and processes work
. Capable of working with different levels and functions in the organization to achieve goals
. Fluent in English
Additional Skills . Minimum ten plus years of sales experience in a technology product company
. Minimum 5+ years of management experience
. Demonstrated leadership experience setting the vision and operational plans for sales teams in a dynamic environment
. Prior experience with sales & marketing in a mobile device environment
. Prior experience with sales & marketing in new technology product a plus
. Prior experience with sales & marketing in display product a plus
. Fluent in Mandarin a plus
Education Requirements . Bachelor's degree, MBA preferred

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To: henry8 who wrote (5354)7/31/2009 8:52:06 AM
From: Art Bechhoefer1 Recommendation   of 8618
 
The concentration of wealth among a small portion of a population results from a kind of thinking known as mercantilism. Wealth is concentrated when the wealthy are able to cut their own expenses while accumulating additional wealth. In modern day terms, mercantilism places burdens on consumers and results either in inflation or in less consumer spending, which in turn reduces the prosperity of the wealthy.

A little over 200 years ago, some British merchant types applied this thinking to a problem in the colonies. The cost of managing the colonies was increasing, so why not place a small tax on tea to pay for it? We know the results of that one.

Almost 400 years ago, some Spanish explorers found a lot of gold in the new world and decided to plunder it. When they got back to Spain and started spending it, they did nothing but create an inflation, since there was no new production of goods or services to buy with the gold, and none of the rest of the population were able to share in the plunder.

You see the same thinking today in the minds of those who object to the "costs" of comprehensive health insurance, while ignoring the costs of having no insurance. And you see it as well in the regulations imposed by Europeans, which prevented Qualcomm's CDMA from competing with GSM.

Art

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To: henry8 who wrote (5354)7/31/2009 8:53:03 AM
From: ihavenoidea2 Recommendations   of 8618
 
Who Pays Taxes: Top 1% Pay More than Bottom 95%
So the top 1 percent may have 30 percent of thw wealth but they pay more in taxes than the bottom 95 percent-that is enough.i

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