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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: Wyätt Gwyön who wrote (75407)7/5/2000 4:52:16 PM
From: waverider  Read Replies (3) of 152472
 
Mucho...it should be pretty obvious now.

The short term potential here is not seen as positive by the Street. The decision to leave the Korean license options to the operators is probably part of it now.

I know we will win with CDMA or WCDMA...but the market does NOT think so.

I did not like it when we were hanging below $60 today and took measures to preserve capital. As hard as it is to say, it certainly appears as if folks should be ready for the low 50's if not 40's.

This has not been pretty.

Rick
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