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 Technology Stocks | The New QUALCOMM - Coming Into Buy Range


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To: brian h who wrote (5944)2/13/2010 4:54:37 PM
From: manalagi
1 Recommendation   of 8800
 
Do we have enough time to organize in time to nominate Art before this year's meeting?

No. ASM is March 2nd.

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To: Maurice Winn who wrote (5945)2/13/2010 5:13:44 PM
From: manalagi
2 Recommendations   of 8800
 
I have 3.14159 million shares. How many do you have?

Did not expect that the idea of Q SIers to ban together turns into "who has the biggest dick in the group".

MQ, you are the winner, and the person who has the most marbles can dictate the rule.

Just wondering how can one be happy with 3.14159 million shares trading at high 30's instead of the low 80's based on your crystal ball?

[somebody has to be booted off in favour of the 'superior' Art]?

The chance of getting into the board is slim to none. The goal is to be heard. By owning so many shares, maybe you can help clarifying to those who are disappointed with Q's recent performance.

Personally, I have sold most of my holdings in Q leaving just in the mid teens with negative cost basis. I am happy to have the proceed invested in Baidu and Apple.

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To: manalagi who wrote (5950)2/13/2010 5:17:20 PM
From: slacker711
1 Recommendation   of 8800
 
I am pretty sure that Maurice was joking....though I think it would be awesome (in the nerdiest sort of way) if he really had bought pi million shares.

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To: slacker711 who wrote (5951)2/13/2010 5:24:05 PM
From: manalagi
1 Recommendation   of 8800
 
It was just dawn on me that he uses the number pi:

The number pi (p) begins with 3.1415926 But that's just the beginning....

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To: manalagi who wrote (5950)2/13/2010 5:25:18 PM
From: manalagi
1 Recommendation   of 8800
 
I have 3.14159 million shares.

MQ:

You need to fill in more, and not just five decimals. LOL

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To: scots40 who wrote (5933)2/13/2010 5:35:34 PM
From: manalagi
2 Recommendations   of 8800
 
Thanks. Let's see what others think.

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To: Maurice Winn who wrote (5945)2/13/2010 6:40:56 PM
From: Neeka
1 Recommendation   of 8800
 
We need people on the Bored who

LOL

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From: blimfark2/13/2010 7:47:47 PM
   of 8800
 
Samsung is really hyping the Mythic on the Winter Olympic coverage. Here's hoping that mobile TV really catches on.

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To: manalagi who wrote (5950)2/13/2010 8:59:30 PM
From: Maurice Winn
3 Recommendations   of 8800
 
The only time I want QCOM on a high share price is the day I sell. Since I have no plans to do that, it's very convenient for me if I take a look at the share price and think: "That's ridiculously low. I will just hold the shares and continue to receive dividends and buy more shares with those dividends." If the share price is cheap enough, I will borrow 30 year money at 5% or something and buy a huge stack of QCOM and collect even more dividends.

<how can one be happy with 3.14159 million shares trading at high 30's instead of the low 80's based on your crystal ball>

It was very annoying in Y2K to have QCOM at [briefly] $100 per share [split adjusted]. That made it very tempting to sell [which would have led me into capital gains trouble with the NZ tax authorities].

Also, if the QCOM share price is very low, then when management buys back shares from people who are dumping QCOM, they don't have to pay much. The less they pay to sellers of QCOM the better I like it.

So, while I expect $82.82 for the share price, I'm happy if it goes to $32 next week in some sort of panic, just as it did from $40 to $32 in 1996 in a fainting spell which enabled Ramsey Su to wake me in the night in time to buy a swag more QCOM when it was obvious that nothing was wrong.

Mqurice

PS: When people boast about how many shares they have, they are not necessarily telling the truth. Before we vote somebody onto the Board of Directors, we should demand a proper count of all the votes.

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To: Jon Koplik who wrote (5947)2/13/2010 9:05:50 PM
From: Maurice Winn
1 Recommendation   of 8800
 
Cool. <best post out of the last 5946. > [I hope you don't mean just out of my posts]. Does that involve a cash prize?

Mqurice

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