SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.53-0.4%Jan 14 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (95828)3/18/2001 4:14:19 PM
From: Art Bechhoefer  Read Replies (1) of 152472
 
Maurice, it's comforting to find someone who thinks positively over the long term, but the short term threats to the market as a whole and to QUALCOMM in particular are almost overwhelming.

An article in the Saturday New York Times reports that the Bush administration is preparing a plan to provide military hardware and assistance, including anti-missile defenses to Taiwan. The article noted that China was extremely disturbed by this latest change in policy, where for the first time Taiwan might have access to some very new weapons. We all know what happened when China thought the U.S. was getting too cozy to the independence party candidate in Taiwan, and when China wasn't sure about U.S. support for its entry into the World Trade Organization. Those events led China to turn down the previous agreement with QUALCOMM to move to CDMA and led QCOM shares down the current path, which still hasn't been reversed despite the latest agreements with China.

You may be too distant to realize that we have an extremely myopic group of policy makers concerned more over outdated principles than practical diplomacy. One might suppose it couldn't get much worse, but don't be surprised if it does, and in the process the whole stock market goes down even more.

Art Bechhoefer
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News