Weby I bought QCOM in 1992.
I read an article in a Forbes publication called ASAP (i believe)about QCOM and its CDMA technology. I was convinced that CDMA would revolutionize and enhance the wireless industry in a big way. I liked what I read about Irwin Jacobs too.
So, I bought a bunch of shares. A 'bunch of shares' back then didn't require a HUGE capital commitment.
Well, that's what happened. I can say that this single investment takes care of my 'retirement' needs. Funny thing is that I don't need the QCOM investment for my retirement because I have more than enough outside of QCOM.
It really isn't about the money for me. I like to buy early stage investments and see what happens. You can call it gambling if you want. But, it sure has worked for me!
I think WAVX could be another QCOM. Hey, we will know soon enough, right? One never knows.
One thing is for sure though: one cannot win if one doesn't play! Ya gotta be on the gridiron to score the TD!
good luck
