Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: Randall Knight who wrote (65092)	1/29/2000 6:39:00 AM
From: limtex	Read Replies (1) of 152472

RK - Great summary just add to that meeting ( or beasting) earnings this qtr and for the year and we should today have been staring at ...maybe $125 - $135 after suffering with the rest of the market and that is on the extreme negative side. I notice BRCM didn't suffer too much yesterday. So what on earth has gone wrong? Why are we getting downgrades nad why does just about every press article talk about the Q stock price getting hamered as it reports falling/slow down in sales? I just can't figure it. There are some very bright people on our two Q threads and we haven't got stars in our eyes about this company. didn't I just see that one of the major automanufacturers is going to put CDMA phones in their automobiles? Aren't we noew certain that most notebooks if not PCs will have CDMA chips in them starting next year. And on and on. We aren't just dreaming this. two years ago it was a dream but now it isn't and with all this planeed or at least visible next year and being very profitable this year what is wrong with a very ibg multiple for the fastest growing industry on earth?? I am still confused. We knew what the P/E was and we believed it to be justified. Chnaging from an old chip to a new chip at what is in any event a seasonally slow period for the chips would have been fine. All anyone needed to do was to explain that and 'sort of a slump' doesn't quite convey that. It sort of conveys failure, over with, trouble, not worth hanging around for and lets get the hell out becuase this is going pear shaped. Can't they issue a statement or explanation or something. When is the next time Dr J will be speaking? Best regards, L

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