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buffetguy

03/09/05 6:24 PM

#72681 RE: Weby #72677

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
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kisamura

03/09/05 11:53 PM

#72702 RE: Weby #72677

weby, you are 100% correct.