Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 154.97

-2.8%

1:53 PM EST

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To: Caxton Rhodes who wrote (40635)	9/13/1999 2:57:00 PM
From: Tulvio Durand	Read Replies (2) of 152472

Bowing out of conference couple yrs ago was CYMI's 1st step in deflating its stock from 40ish down to 6 (CYMI now back to mid 30s). CYMI also did not offer any reason back then. The reason turned out to be that one of their four customers pushed out an order for its DUV lasers, signaling the onset of the Asian slowdown. It took CYMI couple days to find new homes for those delayed orders, and only then did they fess up. By then it was too late for the stock to recover. I hope it's different situation here. Tulvio

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