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Re: Danny Detail post# 28672

Tuesday, 05/27/2003 5:58:14 PM

Tuesday, May 27, 2003 5:58:14 PM

Post# of 435842
DannyD

Wow, now you have really got me laughing. I guess I have been cold called by young upstart brokers more than a thousand times over the years and not once was the pitch "there is this company with great management I want you to look at".

If people ran from an investment because they were a little skeptical of management, there would be no market. Every successful bar owner will tell you that a little skimming is expected by the managers and bartenders. It is not utopia. If you like a business model that is capable of great margins, then you have to take your shot. This stock has been a breath away from from huge returns or just another bust for years. It now has 3 1/2 years to see if it will make the big time or not. It has been a traders dream for years. If W-CDMA is a success, then it is a big payday. If not, there will be plenty of chances to make a good return along the way.

Right now I would trade every non engineer management guy and our directors for a sage old licensing man that can call the heads of licensing at the major manufacturers by their first names asking "what the heck is the problem"

MO
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