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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 162.03-1.5%2:16 PM EST

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To: foundation who wrote (68176)3/1/2000 1:07:00 PM
From: DWB  Read Replies (2) of 152472
 
Let me get this straight... You let one nebulous press release, from a company that has consistently underwhelmed in it's ability to engineer on it's own (Iridium, CDMA ASICS/Infrastructure), and who has repeatedly promoted pie-in-the-sky advances to CDMA that never materialize cause you to sell your QCOM shares?

BWAHAHAHAHAHAHAHAHAHAHAHAHA.....!

It's a good thing you weren't around when the real FUD was flying out of Nokia and Ericsson.

Did you notice there were no availability dates, or any other manufacturers concurrence on this magical advance? Did you see anything about trial systems in test? Did you notice the later articles that brought the 5 MBytes/sec (eventually) down to 1.3 MBytes/sec (initially)? Think those numbers exist anywhere other than in a vacuum? Here's a clue to look for... when they start backtracking on the capabilities the day after the announcement, something's fishy...

This is another big piece of Gooey MOT FUDge lobbed against the QCOM wall to see if it will leave a mark. My guess is that Dr. J will address it quite adequately at the shareholders meeting, which you won't be at since you already sold... so sad. Please get together with gc, you both apparently have the same intestinal fortitude when it comes to stock selection...

DWB
Q2.5K/Y2K+5
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