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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 181.84+0.9%Jan 8 3:59 PM EST

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To: Cooters who wrote (56257)12/23/1999 9:28:00 AM
From: William Hunt  Read Replies (1) of 152472
 
Cooters ---The issues that still bother me from last night -
1)The sale was supposed to bring in up to one billion dollars for the handset division ---The CFO on the cc said several hundred million dollars .
2)There was supposed to be a dramatic increase in units sold to crack a barrier overseas ---that might still be possible ---but the question was asked at least a half dozen times by the analysts on how much the volume would increase and "Q" management never cleared up the issue
3) "K" is a second tier vendor ---It is not considered a MOT,NOK or Errickson ---it will do a good job with the quality issue and manufacturing but I did not quite understand who will be selling the units in the USA --will it be "Q" or "K" ?
As Limtex said in a post last this turn out to be a non event--- this has left me confused about why the phone business was push aside unless it was to increase earnings with the elimination of forty million dollars in losses that will help the bottom line
4) "Q" has a great future with what it is developing ---just hope it gets here sooner than later

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