The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: samim anbarcioglu who wrote (13100)	6/23/2000 6:55:00 PM
From: D.J.Smyth	Read Replies (2) of 13582

Samim. Your reply is probably the best response I've read all day. Nonetheless, I was reporting what Nokia IR has been telling mutual fund and individual shareholders all day regarding the published DowJones article NOK's future as the world's leading phone maker depend on playing all the fields. Forget this capitulation crap. This is business... I agree with this. I would like to see Qcom's price increase as much as anyone. I hate to see it rise at the expense of other holdings and false reporting that affects the other holdings. They will buy Q chips indirectly (don't for a moment think that the Telson phones are for Korea. that country is saturated. They are for export. Even their news release says 'for global markets etc..' This could mean big money for both NOK and Q. Now who am I supposed to believe here? Nokia or this(although restated by you) Peterson line? Nokia is telling the investors TODAY that the chipset for the Telson phone will originally come from Qualcomm (be for the Korea only market) but in the fall be replaced by Nokia's own design. The reasons they give is (a) that NOK and Tolson haven't had enough time to develop their own specs in relationship to utilizing NOK's own chipset and (b) demand for NOK's CDMA phones remain strong relative to other manufacturers to fill the demand in Korea. Maybe Nokia is saying the above and meaning something totally different. Isn't this generally called lying instead of "business"?

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