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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 181.84

+0.9%

3:59 PM EST

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To: BDAZZ who wrote (50848)	3/8/2006 10:49:36 AM
From: engineer	of 197121

So how is Mr. amazing Jorma, sans siblings (god help us all), going to explain to shareholders why he P{**ssed away $100M over 10 years on a go nowhere venture and finally did what we all had said was the correct thing all along, which is to just buy chips and then IF he has a market and presence, make them. I think the JV is more a wake up call to Nokia that they can't do all things poorly and they have to focus on doing something well. They have Qualcomm coming at them head on in their fallback technology and they are getting their lunch eaten. They need to redirect everyone into fighting for their homeland. If this EU witch hunt fails, then they stand to allow QCOM to gain 15-20% of the GSM evolved WCDMA market and take the "high magin" CDMA business away from them. Reality is that they have been poorly managed, at the least over here in the US.

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