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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 165.03+1.0%3:59 PM EST

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To: cfoe who wrote (440)8/2/1999 11:07:00 PM
From: engineer  Read Replies (1) of 13582
 
What will happen in the end is the same old change and loss strategy that they always do. This is where they buy another company which already does CDMA as it's wireless division and get rid of the TDMA division by selling it off at a loss, thus keeping the business alive, but allowing the management to bundle all the other losses from all over the corporation into this transaction, thus making the "one time charge" enormous, but understable to the old world investors they keep year after year.

They did this with NCR and a host of other business in which they spent Billions acquiring, screwing up, and then spitting out. I predict that they need to buy something within a year or the plan goes to hell.
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