Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ruffian who wrote (41029)	9/14/1999 3:54:00 PM
From: LBstocks	Read Replies (2) of 152472

H&Q's negative spin on positive news just won't stop: But Ed Snyder, analyst with Hambrecht & Quist Inc., said that while the impact of Qualcomm's decision will be positive in the short term, the company still has many problems to sort through. "I think it's a good thing because it will pump the stock short term because this was not profitable," he said. "But the big problems are still there." Snyder said if wireless phone equipment makers like Motorola (MOT) and Nokia (NOK) achieve expected sales gains, it will hurt Qualcomm, which doesn't supply chips to the two companies. "Their share of the chip market is going to decline because Nokia will sell a lot of phones," he said.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next