Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.76

+0.3%

Dec 23 3:59 PM EST

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To: Gregg Powers who wrote (12763)	7/22/1998 3:16:00 PM
From: JGoren	of 152472

Gregg, excellent explanation of the Qualcomm-Sony QPE joint venture growing pains re accounting for costs. In this kind of venture, there is no way you can figure out the last detail of the venture for neither side can anticipate how they need to run their side of the business. I think it positive that they are making adjustments on the fly as they see needs to fine tune things; it makes the venture that much stronger in the long run. I am frankly very surprised the stock has done so well today in view of the history of the stock. Largest volume ever. I think 7 mill. shares was the top before. It seems to me that the shorts closed their positions and the good press got some new investors in. About time; I've been on hold for two years or more. On another topic, where is Dorkdorf. Maybe he is good for another couple of points tomorrow.

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