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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

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To: llwk7051@aol.com who wrote (1851)	9/23/1999 11:19:00 AM
From: Ramsey Su	Read Replies (3) of 13582

Robert, I guess being chicken little, there is always something to worry about. It actually appears to me that QC is preparing itself for for a takeover. By selling off the infra, QC got rid of a money losing division. By selling off the handset division, QC got rid of a potentially awkward disclosure, of never likely to reach the 10%+ margins hoped for. In terms of management, Dr J is undoubtedly the brains behind QC. If he is thinking about stepping down, who would be a successor? P Jacobs is a relative. I am always suspicious of relatives, kind of like the MOT relative who ran the the company in the ground. Rich S I really don't know but I think he is weak on the real tech stuff. Schrock? He would be technically competent but is he a CEO/president type? Thornley has proven to be pretty sharp with his pencils but is an acct type suitable for a high tech CEO position? So may be the best strategy is to partition off the parts and then get top dollars for the core. Hows that for speculation of the day. Ramsey

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