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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 134.78-1.8%Apr 14 3:59 PM EDT

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From: Maurice Winn3/13/2012 12:41:55 PM
2 Recommendations  Read Replies (1) of 1814
16 years after this stream bubbled out of the ground to join the mighty river of Cyberspace and 18 years after first buying QCOM in 1994 [having missed the IPO in 1991 in the pre-Cyberspace era] and 21 years after first going to visit Qualcomm in August 1991, and 23 years after first thinking that Fourier transforms could be used in cellphones to squeeze more into the spectrum, Mq has sold quarter of his QCOM shares at $64.76.

Thank you to all the great people who developed Qualcomm from an idea way back in 1985. It's one of those things where reality caught up with imagination, though it did take a decade longer than I thought it would do.

I have sold a few at other times to reduce margin and to get some money for other things and this sale is to get money to develop from a paddock It's not so much that I have lost confidence in Qualcomm, it's that the opportunity to develop innovative milk processing and infant formulae for improved infant nutrition where mothers are unable to breast feed their babies is good. If somebody wants to put in $60 million, a large shareholder is needed to build the factory which is ready to go.

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