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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.60+0.1%Dec 30 3:59 PM EST
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To: freeus who wrote (55957)12/22/1999 5:07:00 PM
From: mauser96  Read Replies (1) of 152472
 
QCOM has stated that they were particularly looking to protect employees and customers in the deal, and so the price is probably secondary. Knowing QCOM, it will probably work out well for them, but the market was expecting Nokia, so there will be a reaction. Could be another buying opportunity, but if so I doubt that any depression in stock prices will last for more than a few days.. In the long run, the cell phone market will increasingly become more of a commodity, and as it does market share will go those that are best at mass producing consumer electronics, the Koreans and Japanese.
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