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