Qualcomm Inc (QCOM)

[Jim Mullens]

Hi Dave-

Thanks for taking the time to reply.

Re:” I understand that I'll never be good enough for you or many posters here and on SI “, I hope that’s not the case. CDMA/ Qualcomm could certainly use a strong/ fair and balanced voice in the journalistic world as there have been few to date (George Gilder being one). Mr. Gilder highly praised your new book, so it will definitely be on my reading list (skimming first before plunking down any big bucks- ggg).

As GG wrote, “No, not an inkling that he ever questioned Qualcomm.“ Curiosity still begs the details as to “when, why, what” prompted the complete about face in your prior writing about Qualcomm. I would have thought that a full chapter might have been devoted to just that subject in your new book.

In any event, I’m sure there a few of us that would appreciate a more complete explanation of your apparent reversal of opinion a few months after your Unstrung article, specifically-
Quote from that article- “...We see no upside in this stock anywhere in the foreseeable future.” I'm sure at that writing you didn't define "foreseeable future" as only a few short months.

Again, Welcome aboard and hopefully it’s a long lasting and very profitable journey. Jim