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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.12-1.2%3:28 PM EST

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To: mightylakers who wrote (94195)2/22/2001 10:52:29 AM
From: slacker711  Read Replies (1) of 152472
 
As a matter of fact Kyo warned GSM sale and raise the CDMA prospect. But no matter, they will just throw everything out of the window.

It seemed like they were reiterating their expectations at 15m units for the year. This is not a cause for celebration. The two dominant markets for Kyocera are the US and Japan which also happen to be Qualcomm's two strongest markets currently. A 25% growth rate in these markets is not going to cut it. Both of these markets need growth rates in excess of 50% to compensate for the stagnation in the Korean market....at least if we plan on making 90m units without significant sales in China.

BTW....very nice find on the Nextel site. The combination of Nextel and China coming on-line would provide a significant boost next year.

Slacker
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