| From: veritas501 | 4/22/2010 3:35:39 AM | | | | | | Every individual has to decide for themselves whether an investment in Qualcomm makes sense for them. I will simply say that Qualcomm has become a low-risk, low-growth stock. Since PJ has shown no signs of backing away from his investment strategy, they either need for him to be fired or for one of these ancillary markets to start generating significant revenues.
I think both of those events are rather far away....so the last option is that WCDMA starts growing faster than Q anticipates. I keep thinking that will happen and keep getting disappointed.
Slacker
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I'm glad to see Slacker has come around. It was inevitable, in my opinion. However, I do disagree with the assessment QCOM is a "low-risk" stock. When a company that has been advertising itself as the greatest thing since Silly-Putty or the Yo-Yo isn't able to deliver as promised, it's anything but "low-risk." It will take a while for the boobs in the stock market to figure it out, but eventually they will. |
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| From: veritas501 | 4/23/2010 7:08:03 AM | | | | | | What company should people look to for an indication of QCOM's future? Ericsson, of course, since it is one of the largest CDMA infrastructure companies in the world. No doubt Ericsson is working hard to wind down its CDMA business without being too obvious about it. What does Ericsson say?
"Revenue dropped 9 percent to 45.1 billion kronor missing the 48.1 billion-kronor average estimate of 35 analysts....Profit in the networks business fell by half and sales declined in 8 of 10 regions, with the biggest drops in Africa and India. North American revenues doubled with the integration of assets from Nortel and accounted for more than a fifth of Ericsson’s business in the period."
Remember Nortel? I knew people would.
preview.bloomberg.com |
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| From: veritas501 | 4/24/2010 11:57:06 PM | | | | | | Richard Nixon, in one of the conversations about Watergate in the Oval Office, is heard on the tape saying the defendants have to be able to swear on a "stack of bibles" that they didn't have any knowledge of White House involvement. What's amusing is that Nixon himself when he took the presidential oath of office in 1969 did so literally on a "stack of bibles."
gettyimages.com
You'll notice there are 2 bibles his hand is placed on.
Then of course there's Nixon the sportsman:
thenewnixon.org
Surfs Up!!! |
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| To: veritas501 who wrote (89) | 4/26/2010 3:01:37 AM | | From: veritas501 | | | | Richard Nixon told the Director of the FBI Patrick Gray in front of his senior aide John Ehrlichman, "I gotta have a relationship here where you go out and do something and deny on a stack of Bibles.”
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The most incriminating tape was that of June 23, 1972, soon after the break-in. When Nixon was told that the money for the break-in group came from the CRP, he proposed that those who had donated it should simply lie. He agreed that it was best to call off the FBI by telling it that the break-in was a “CIA thing.” Nixon’s advice was: “Play it tough. That’s the way they play it and that’s the way we are going to play it.” More than anything else, this “smoking-gun” tape, according to Nixon himself, induced him to resign. At one point, Nixon said to Patrick Gray: “I gotta have a relationship here where you go out and do something and deny on a stack of Bibles.”
nybooks.com |
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| From: veritas501 | 4/28/2010 2:58:14 PM | | | | | | Check out this video of Linda Ronstadt in 1970. While watching it think of her singing to Richard Nixon:
youtube.com |
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| From: veritas501 | 7/2/2010 10:08:48 AM | | | | | | What happened? QCOM stock sinking like a stone.
Destination: $10/share |
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| From: veritas501 | 7/18/2010 7:11:18 PM | | | | | | Final nail in the coffin? Not that Motorola liked Qualcomm anyway
Motorola Said Near Sale of Network Unit to Nokia Siemens for $1.3 Billion
bloomberg.com |
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