[quote=AN]
Again, why does it matter if QCOM is the biggest player in Sorrento Valley? It’s not surprising and they’re only going to get bigger as the smartphone market get bigger. Now that ARM is moving into tablets and Windows 8 supporting ARM, that’s a who new untapped market for QCOM. They’ve been around for 30 years. I can easily see them being around for at least another 10 if not 20 years.
[/quote]
So can I. But I can also seeing them not doing so well or just having a significant cut back on their way to a bright future.
[quote=AN]
A job center is a job center. If QCOM goes away, do you think all these office building will sit empty? [/quote]
There is plenty of empty buildings today. There are lots more buildings with nearly empty parking lots. I’m not witnessing a stampede of companies moving in.
[quote=AN]
If it does go away, it will go away slowly. In that transitioning time, there will be some other company that will replace it.
[/quote]
Perhaps or perhaps not. How did you expect Nokia was going to take?
[quote=AN]
As an engineer, you’ll adapt to whatever industry that’s thriving right now. 5-6 years ago, there’s no such thing as iOS development or Android development. I’m sure 10 years from now, it’ll be something else all together. But one thing is for sure, San Diego have zoned Sorrento Valley and UTC for offices and business building. It will only get more dense as San Diego grow and more jobs move into town.
[/quote]
I don’t see new businesses popping up like mushrooms these days. I remember when they did. Hopefully they will again.
While I expect good engineers will always be in demand, it may be optimistic to expect that demand to always show up at your doorstep.
[quote=AN]
Yes, buying is a long term commitment. But I don’t see how prognosticating that QCOM will go away some day will mean you should rent vs buy. I’ve worked at 5 different companies so far and they all are in Sorrento Valley, Carmel Valley, and Scripps Ranch. So even without QCOM, there will be others to take its place.[/quote]
If you think it is a good idea to get a job at Qualcomm, buy their stock, hold onto all your stock options, and buy real estate whose value is mostly dependent on demand from other Qualcomm employees, go for it. It will probably work out fine. But if it goes bad, it will be very very bad.
