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Technology Stocks : Nokia (NOK)
NOK 6.500-0.1%Jan 5 3:59 PM EST

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To: tero kuittinen who wrote (2616)11/3/1999 10:31:00 AM
From: Peter J Hudson   of 34857
 
Tero,

Did you notice these numbers for Qualcomm;

"Reported net income was $136 million or $.73 earnings per share for the fourth quarter of fiscal 1999 compared to $40 million or $.27 earnings per share for the year ago quarter, an increase of 241 percent."

You claim to be humbled by QCOMs spin machine, but you are the king of spin. You ignore all facts that don't support your negative view of Qualcomm. For example referring to Qs cutting back on R&D without mentioning that it was a result of selling the infra division. You are losing all credibility by refusing to be objective about the future of wireless. You should move on to biotechs like you promised.

Pete
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