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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: ratan lal who wrote (80163)9/13/2000 8:54:47 AM
From: quartersawyer  Read Replies (1) of 152472
 
<I think the Chinese are the most ingenious negotiators>

Who says Dr. J gave away the store? These negotiations as reported by the likes of Matt Forney of the Asian WSJ have looked bad for Q, but according to Minister Wu's unambiguous announcement couldn't be better. The on/off politics post embassy bombing, pre WTO, current PNTR push the public releases, but it looks like Q and China win... a good outcome, as hoped for by Dr. J all along.

Forney's articles painting Dr. J with egg on his face were obnoxious. Reginal Chua, Forney's editor at the Asian WSJ looked into it, and asked Qualcomm for more information after Dr. J stated in his interview on Radio Wall Street something like "I don't know where they got that". Q didn't respond to him, but Mr. Chua is following up now. Bloomberg, CNBC, and now maybe the WSJ have begun to sing a slightly different tune for a month or so.

Conflicting reports and tangential "statements" on the negotiations all year have been calls on a ping pong match in deep fog, and generally were not taken seriously here. "Wait and see" engrams have gotten deeply established, but there should be much more conviction than ever that Qualcomm is no patsy and is way out in front now.
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