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To: SirWalterRalegh who wrote (7162)1/30/2011 6:03:06 PM
From: Elroy
1 Recommendation   of 8790
 
<<There's often a marked difference between words and action -- in Muslim countries as well as the U.S.>>


Agreed. And there is often a marked difference between what a Muslim

says in Arabic and what he says in English.


And there is a dramatic difference between the desert and the dessert!

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To: Art Bechhoefer who wrote (7157)1/30/2011 7:48:07 PM
From: scots40
   of 8790
 
Art, I sure hope you are right about the Muslim Brotherhood (MB). Knowing you have met with some in that organization gives me hope this won't be a disaster. The fact that Hamas came from the MB is concerning though. The following is from Stratfor.com, but note it says some of this is unconfirmed. The last paragraph is very interesting....

stratfor.com

The following is a report from a STRATFOR source in Hamas. Hamas, which formed in Gaza as an outgrowth of the Egyptian Muslim Brotherhood (MB), has an interest in exaggerating its role and coordination with the MB in this crisis. The following information has not been confirmed. Nonetheless, there is a great deal of concern building in Israel and the United States in particular over the role of the MB in the demonstrations and whether a political opening will be made for the Islamist organization in Egypt.

The Egyptian police are no longer patrolling the Rafah border crossing into Gaza. Hamas armed men are entering into Egypt and are closely collaborating with the MB. The MB has fully engaged itself in the demonstrations, and they are unsatisfied with the dismissal of the Cabinet. They are insisting on a new Cabinet that does not include members of the ruling National Democratic Party.

Security forces in plainclothes are engaged in destroying public property in order to give the impression that many protesters represent a public menace. The MB is meanwhile forming people’s committees to protect public property and also to coordinate demonstrators’ activities, including supplying them with food, beverages and first aid.

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From: BDAZZ1/30/2011 9:13:34 PM
7 Recommendations   of 8790
 
What is it with this stock? Did it curse itself forever by the first run up a decade ago? The best news in a decade came two years ago with the Nokia signing and it coincides with the unprecedented event of the time honored, respectable, conservative, trusted bankers of the world collectively turning corrupt and collapsing their own system and the retirement plans of a generation. Last week we get the blockbuster results and guidance we've been waiting on for years and not even 48 hrs later the middle east erupts threatening the world economy? Not to mention how many fake threats of competitive partnerships, patents expiring, European investigations, phony threatening products and technologies coming to market, inept analysts that somehow have momentary credibility, a careless remark at the CC, and all the other misc FUD, as well as fighting our own doubts and judgements that we've had to ride out over the years? And now with everything finally coming to fruition...
You know there are actually stocks out there where good results are rewarded with all the analysts and tv shows jumping on board with higher price targets, and the stock responds by going on an unobstructed run up to pe's over 60, and it's a fun fun thing because all of the research work you've done over the years is rewarded with satisfaction and profit, and you will actually relax with the investment. Not Qcom. Good results are just the first requirement. Then it has to weather a number of these weird crazy storms that just happen to spring up at that moment. How many of you are conditioned now to looking over your shoulder every time we have good news wondering what will screw it up this time? A company guides up a billion and a half dollars and the price falls two days later!?!?? I'm mentally trapped. I cant sell now. If the world crashes so be it, it will take my money with it. It would be far worse if I sold and the stock took off without me after all.

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To: BDAZZ who wrote (7165)1/30/2011 10:28:58 PM
From: DanD
1 Recommendation   of 8790
 
What is it with this stock?

Ten years of buying ops, BDAZZ...

Dan D.

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To: DanD who wrote (7166)1/30/2011 10:48:17 PM
From: ggamer
3 Recommendations   of 8790
 
I loved all the stories and my story is similar to others. I have lots a ton in buying LEAPS in the past 10 years hoping and wishing that things would turn around. Only that it never did and my last LEAPS expired in Jan. Knowing my luck with stocks, the stock should be on its way up. I still own shares.

I read your posts every single day and we have a great community built on respect. I hope that we keep politics and religion away from here because these two topics tend take people apart rather brining people together. This is a very critical time in history of the world. Let's hope for the best.

Peace on earth

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To: scots40 who wrote (7164)1/31/2011 11:24:53 AM
From: Art Bechhoefer
4 Recommendations   of 8790
 
Our group of retired businessmen and diplomats met with the leader of Hamas in Damascus late in 2008. He stated at that time, and again to NY Times reporters in the spring of 2009, that Hamas would accept a peace agreement between Israel and the Palestinian Authority that recognizes the boundaries between the two countries somewhat close to the 1967 cease fire agreement, with adjustments for settlements near the border. Furthermore, Hamas was also willing to allow other settlements in the West Bank to continue to house Israelis.

That didn't sound like an extremist attitude then, and Hamas has not changed its view since then. In reaction, the Israeli government decided to lift its moratorium on settlements and began expelling Palestinians from parts of East Jerusalem that had been designated for new settlements.

Who are the extremists?

The U.S. position has been to support whatever government in the area is not opposed to Israel's right to exist, no matter how autocratic, dictatorial, and undemocratic that government may be. So the U.S. now reaps what it has sown in its support for the status quo. A more progressive attitude on the part of the U.S. might well improve the climate for U.S. business in that area as well. And that includes the demand for technology products, obviously.

Art

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To: Art Bechhoefer who wrote (7168)1/31/2011 11:27:48 AM
From: JeffreyHF
13 Recommendations   of 8790
 
Art, why not take your revisionist politics to an appropriate board.

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To: JeffreyHF who wrote (7169)1/31/2011 12:04:36 PM
From: scots40
5 Recommendations   of 8790
 
This discussion was started to discuss the impact of the Egyptian situation on QCOM and the markets in general. I do not want to get any feathers in a ruffle here. I really like this board and want to respect all the members.

I find Art's experience and opinion very relevant. I can't say I have had a discussion with anyone else who has met with people so close to the Egyptian situation. Some posts may not be directly related to QCOM (that is what the Moderated Board is for), but they shed a lot of light on the news that is affecting all our portfolios.

Surely most of us can read a post that we may not agree with and simply go to the next one. Calling another's actual experience "revisionist politics" is not helpful.

Please don't make me quote Rodney King!

All the best,
Scot

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To: scots40 who wrote (7170)1/31/2011 12:13:36 PM
From: JeffreyHF
15 Recommendations   of 8790
 
Art's purported personal insight into the mindset of Hamas is irrelevant to any issues facing Qualcomm, and is at odds with any fair minded view of history and reality. Hamas have spoken directly and unequivocally on the issue - i.e., they will never recognize Israel's right to exist, and are committed to driving it into the sea. Any claimed knowledge by Art to the contrary, is revisionist fiction. This will be my last comment on the subject.

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From: benhorseman1/31/2011 2:00:52 PM
3 Recommendations   of 8790
 
QCOM EVP & CFO William E Keitel sells 435502 Shares?
GuruFocus.com - 35 minutes ago
EVP & CFO of QUALCOMM Inc. (QCOM) William E Keitel sells 435502 shares of QCOM on 01/27/2011 at an average price of $54.2 a share. Qualcomm Inc has a market ...

gurufocus.com

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