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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%Dec 8 3:59 PM EST

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To: Boplicity who wrote (44792)10/15/1999 12:32:00 AM
From: Rich Bloem  Read Replies (2) of 152472
 
"In fact I will bold enough to say that QCOM did not plan to sell off the divisions, Sure it might of been a back up plan, but no way they had it planed as the PLAN. They are selling,shrinking, reaping the benefit, they might just get used to reaping and not working."

Gregory, I have been involved with Qualcomm since their inception. This is the first time I have posted on this board. I know first hand that Q never planned on being in the handset business. When they started up the handset division it was out of necessity and they only planned on making 200,000 phones maximum per year. They originally licensed OKI and Alpine Electronics to manufacture the phones. But they had to have a backup plan. When they entered into the Sony (QPE) relationship they planned on Sony selling 80% of the phones. In actuality, it turned out to be the reverse. Believe me Q never planned on being in the manufacturing business. It was only a means to the end. As was the infrastructure division. They are not reaping the benefit, they are putting the plan back on track.
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