QUALCOMM-The Wireless Wonder in 1999 Message Board

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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: marginmike who wrote (75)	2/9/2000 11:17:00 PM
From: lkj	of 343

Mike, With all due respect Alex Cienna is one of the few guys who understands Q. I agree with you, and this is the reason why I am puzzled by his downgrade. He sited fearing of a more efficient distribution channel, where the service providers are stocking less handsets, as his main reason for the downgrade. Considering the fundamentals and strong growth of CDMA, his reason did not warrant a downgrade, but a lot of the time, analysts don't have the luxury to say what they really want. After all, they are working in the best interest of their brokerages. As for the guy from Merril, I have heard him in a couple of conference calls, he is clueless about Qualcomm and CDMA. Khan

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