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Technology Stocks : Nokia (NOK)
NOK 6.480-0.2%Jan 9 9:30 AM EST
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To: Maurice Winn who wrote (5427)6/11/2000 7:33:00 PM
From: Gus  Read Replies (2) of 34857
 
Yawwwwwn. Maurice, do me a favor. Take those pompoms, wax your legs and root for the Lakers instead, will you? This is a boring discussion going in circles. Before I leave, however, feast on this:

QUALCOMM

Qualcomm Inc.'s (QCOM) bubble hasn't burst--it has exploded. Although the company's stock is up 284% for the year ended May 15, that's not what investors care about these days. Shareholders have seen Qualcomm's stock drop a sickening 65% since the beginning of the year. Much of the blame goes to Irwin M. Jacobs, co-founder and CEO of the wireless-technology pioneer. Qualcomm has excellent growth prospects. But Jacobs' often outlandish promotion led many to believe that Qualcomm would reap huge royalties because its technology would be used in all the world's cellular phones. That's looking like wishful thinking these days as competitors develop their own wireless technology

Message 13862954

Bye now.
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