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As a Buffett scholar, I believe he does not invest in "what he does not understand". He claims to not understand tech stocks. That does not mean you should not invest in these types of stock if you understand the technology. He also says to "bet big when you think you are right". How many times have you been right and not acted on it?? I know I have done this numerous times. So, keep the faith, just remember the message. The Oracle is still relevant.

Second, does VHS exist outside of the US?? I understand Beta is big in Europe. Point is, GSM is big in Europe. What will win in the US, GSM or CDMA? I think as a LTBH, I want to own what is going to win in the US (sorry to sound like a stuck up American). So, I would have to like Qualcomm (as patent holder) and PCS (as wireless market leader in the US).

Good Luck
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