Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.29

-2.2%

Dec 17 3:59 PM EST

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To: waverider who wrote (94377)	2/23/2001 11:11:01 AM
From: Win-Lose-Draw	Read Replies (1) of 152472

I think we will see some downside guidance at some point this year... In my mind this is a given. And China is not stupid, in this kind of climate she will extract an awful lot of pain (lowered royalties, whatever) before writing any major checks. The LU $6.5B financing deal isn't going to help anyone; whether it's on the SP end or the vendor end, it's just more debt on an already overly-indebted industry. The best way to play that is to short whoever offered LU the credit... Ooops! Almost forgot...GPRS sux. ;-)

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