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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 150.72+2.4%3:12 PM EST

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To: Wyätt Gwyön who wrote (110381)1/7/2002 2:48:17 PM
From: Keith Feral  Read Replies (2) of 152472
 
Again, since I'm looking for re-entry into the stock, I don't think I need to have you lecture me about justifying the valuations. I am painfully aware of the domestic tie up with 3G CDMA progress. I have had the same Sanyo 4500 phone for way too long!! I am eager to replace the cell phone with a 1X Samsung, Sanyo, or Hitachi ASAP. With the volume shipments of 1x chipsets, we should see new handsets available within a few weeks.

One thing all the gloom and doom people have to keep in mind - China. The March quarter offers great growth visibility based on the rollout of CDMA in China this quarter. Also, the rollout of 1X in Japan by March will demand higher 1X shipments this quarter. 1X shipments will be cruising by the end of this quarter. 1X will be in my market by February - nationwide by June.

Don't get people too depressed about all the bad stuff that happened last year. This year is a slam dunk in terms of visibility.
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