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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.40-0.2%3:21 PM EST
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To: carranza2 who wrote (99478)5/19/2001 2:47:45 PM
From: Jack Bridges  Read Replies (1) of 152472
 
NetZero was mentioned favorably during the GSM. Since I own it, I managed to catch Mr. Thornley for a minute after the meeting. He confirmed that Q is very confident about this investment.

NZRO began the process of converting subscribers to a $10 per month fee a couple months ago. 116,000 had converted as of May 3. If/when 1,000,000 of their 8,300,000 subs are converted, the burn rate becomes a thing of the past. Other plans are cooking and brewing as well. I own a lot more shares now than I did in March.
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