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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 161.39-1.9%Jan 15 3:59 PM EST
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To: pcstel who wrote (106425)10/7/2001 6:33:14 PM
From: Pierre  Read Replies (1) of 152472
 
pcstel:

Thanks for enlivening the discussion here. I know you were the first (on the thread, at least) to expose some of the financial engineering done by QCOM. Was ready to mention it, but decided I didn't want to spoil your fun. True to form, you fired off a well timed reminder. <G> Still, I think we're very close to a reversal now that we've closed in on the $35 bottom that has been called for some time as a worst case scenario.

Thanks also for the LWIN information. I've looked at the fundamentals (not my favorite task, and one I'm not particularly good at) but even to my untrained eye, as currently configured the company seems to have real problems - maybe even survival problems. Am I correct in assuming that your enthusiasm for LWIN is predicated on the Nextwave / LWIN tie up, or do you see LWIN having value at these prices as currently configured? As always, thanks.

Pierre
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