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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.28+1.8%11:26 AM EST

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To: tero kuittinen who wrote (10873)9/20/1999 1:38:00 AM
From: Bux  Read Replies (1) of 152472
 
I have to admit that if Qualcomm can get through its demand of a 3% cut of W-CDMA, if it can make money in manufacturing and if CDMA makes a sizable dent in China and Japan, it could zoom to 200 dollars in two years. But right now, none of these ifs look particularily likely. If I want to gamble my hard-earned money I'll buy Entremed or Onyxx and hope they will cure the cancer in three years.


Tero, if you want to talk stocks, let's talk stocks. First, it's 1 1/3 year since you made this baseless statement. Qualcomm has not received W-CDMA royalties, has not made a sizeable dent in China and they are have sold infra and are selling handset division from lack of profit. But the share price is not $200 it is $380 (pre-split). It looks like you were missing part of the picture just as you still are.

By the way, the two stocks you recommended above QCOM (ONYX and ENMD) are 10% and 20% below the market price the day you recommended them. Qualcomm is up 600%. Makes me wonder who puts any credence in your opinions.

Bux
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