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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: LindyBill who wrote (27493)7/8/2000 1:27:20 PM
From: Dr. Id  Read Replies (1) of 54805
 
Mike, here is a good example of the FUD that I believe will continue to depress the stock price. Todays LA Times lead article in
the business section. They are verrrrrry influential.

Lindy,
It's interesting...I read the LA Times article this morning, and had the opposite reaction. I actually thought that aside from the headline, it was a pretty even article (I didn't see it as FUD). Particurlarly the following paragraphs were VERY positive and suggest a market over reaction:

Although South Korea is Qualcomm's biggest market, analysts said
investors overreacted to the news because the rival systems are based on
Qualcomm's code division multiple access, or CDMA, technology and will
result in substantial royalties for the firm.
"For any variety of CDMA that's chosen, Qualcomm will benefit," said
Mark Lowenstein, global wireless analyst for the Yankee Group in Boston.
"The future of CDMA technology in general is looking even stronger."

Dr.Id@holdingandpraying.com
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