Texas Instruments (TXN) and Qualcomm (QCOM) are pushing their proprietary systems for the future wireless TV networks. TXN predicts that 70% of phones sold in 2006 will include a TV Tuner. QCOM plans to spend $800 million on the installation of a wireless TV network.
Some 20 years ago, all cell phone traffic was sent using AT&T protocols. QCOM invented a technology that was superior to AT&T's technology. Today, almost every cell phone in the world produces royalty income for QCOM. Independent observers say the QCOM's TV plan is the best.
Today we added shares of QCOM to a monitored account. QCOM has been good to us in the past and we expect the good performance will continue. BUY QCOM with confidence.
Tuesday, December 14, 2004
QCOM ENTERS TV BUSINESS BIG TIME
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