Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

3:59 PM EST

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To: marginmike who wrote (68523)	3/4/2000 1:32:00 PM
From: Skeeter Bug	Read Replies (1) of 152472

qpe had NOTHING to do with new product development and they lost 30-40% (+ or -) of their people. qcom lost some people too (probably what you are referring to), however, that isn't what i was talking about. the thin phone doesn't take 1/4 of the people to produce. that is untrue. certain work functions might be reduce 3/4, but no the whole. perhaps your sources are telling you the truth but you don't understand what they are saying. bottom line, asic sales will be way down to qpe/ky this q due to reduced production output required to reduce inventories that qcom apparently built up to pad earnings last q.

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