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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 153.80+0.5%10:45 AM EST
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To: Ron M who wrote (34264)7/8/1999 7:58:00 AM
From: JohnG  Read Replies (1) of 152472
 
Thanks Ron M--Lends some credibility to two thoughts:
1) There is a vacant Sony phone plant in Rancho Bernardo. Wonder about its size and quality.
2) The post from the "unreliable parts vendor" that a certain part's usage at Q would step up to 1.2MM/mo in July.

Also, is GTE caught by supprise, short of Sony phones having just filed suit against Q in VA for patent infringement? GTE spoksman, Jenny Bourbiel claimed total supprise. If so, is this is "suit in mouth disease" on their part.

It seems to me like this news is quite bullish if Q has achieved decent margins on their phones.

JohnG
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