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No. of Recommendations: 3
Back in 1998, when Ericsson finally threw in the towel on it's case against QCOM's CDMA patents, the stock went up $50. My initial reaction was that I should probably buy more (I already owned what counted for me as plenty). I didn't buy more, but my initial reaction was correct.

Things are a little different this time. Back then, QCOM had basically become the owner of CDMA, the emerging wireless technology. This time, QCOM is a major player in 5g, but the competition is more significant. OTOH, the percentage move in reaction to the news back then was, I think, almost 100%. This time, it's much less.

So today I once again think it's right to buy more Qualcomm, and once again I probably won't - even though it's not nearly as large a percentage holding for me as it was then. Once again I will probably be wrong.
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